Asia Neo Tech Industrial Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:15 am EST
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Asia Neo Tech Industrial Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 244.09 million compared to TWD 166.06 million a year ago. Net income was TWD 48.07 million compared to TWD 17.26 million a year ago. Basic earnings per share from continuing operations was TWD 1.49 compared to TWD 0.53 a year ago. Diluted earnings per share from continuing operations was TWD 1.49 compared to TWD 0.53 a year ago.
For the nine months, sales was TWD 662.35 million compared to TWD 517.95 million a year ago. Net income was TWD 77.37 million compared to net loss of TWD 6.32 million a year ago. Basic earnings per share from continuing operations was TWD 2.4 compared to basic loss per share from continuing operations of TWD 0.2 a year ago. Diluted earnings per share from continuing operations was TWD 2.39 compared to diluted loss per share from continuing operations of TWD 0.2 a year ago.
Asia Neo Tech Industrial Co., Ltd. is a Taiwan-based company principally engaged in the design, research, development, manufacture and sales of automatic drying equipment and related mechanical equipment. The Company's main products include conveyor ovens, ovens, printed circuit boards (PCBs), cover lens, green glass and touch panels. The Company distributes its products in domestic market and to overseas markets, such as mainland China.