Namchow Holdings Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Namchow Holdings Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 5,054.27 million compared to TWD 4,909.17 million a year ago. Net income was TWD 98.78 million compared to TWD 253.79 million a year ago. Basic earnings per share from continuing operations was TWD 0.4 compared to TWD 1.02 a year ago. Diluted earnings per share from continuing operations was TWD 0.4 compared to TWD 1.02 a year ago.
For the nine months, sales was TWD 14,961.83 million compared to TWD 14,496.11 million a year ago. Net income was TWD 447.32 million compared to TWD 793.33 million a year ago. Basic earnings per share from continuing operations was TWD 1.8 compared to TWD 3.2 a year ago. Diluted earnings per share from continuing operations was TWD 1.8 compared to TWD 3.19 a year ago.
Namchow Holdings Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of bakery products. The main products include bakery products such as baking grease and frozen dough, lotion products such as crystal soap series, personal cleansing series, dishes and vegetables washing series products, flour foods such as frozen cooked noodles and instant noodles, ice products such as ice creams and popsicles, rice foods such as normal temperature rice, rice crackers and other snack foods. The Company is also involved in the catering business. The Company operates within the domestic market and to overseas markets.