ALFORMER Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 02:41 pm EST
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ALFORMER 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 569.93 million compared to TWD 498.32 million a year ago. Net income was TWD 39.25 million compared to net loss of TWD 9.23 million a year ago. Basic earnings per share from continuing operations was TWD 0.79 compared to basic loss per share from continuing operations of TWD 0.18 a year ago. Diluted earnings per share from continuing operations was TWD 0.78 compared to diluted loss per share from continuing operations of TWD 0.18 a year ago.
For the nine months, sales was TWD 1,266.03 million compared to TWD 1,607.39 million a year ago. Net income was TWD 17.06 million compared to TWD 45.08 million a year ago. Basic earnings per share from continuing operations was TWD 0.34 compared to TWD 0.93 a year ago. Diluted earnings per share from continuing operations was TWD 0.34 compared to TWD 0.93 a year ago.
Alformer Industrial Co. Ltd is a Taiwan-based company principally engaged in the production and sales of industrial materials. The Company's main products include aluminum extrusions, aluminum doors and windows, building materials and others. The Company's products are mainly used in conductive plates, ships, construction, aerospace, as well as automobiles and motorcycles. The Company distributes its products in domestic market.