All Ring Tech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 02:29 pm EST
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All Ring Tech 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 564 million compared to TWD 804.47 million a year ago. Net income was TWD 159.16 million compared to TWD 183.38 million a year ago. Basic earnings per share from continuing operations was TWD 1.96 compared to TWD 2.25 a year ago. Diluted earnings per share from continuing operations was TWD 1.79 compared to TWD 2.24 a year ago.
For the nine months, sales was TWD 1,958.48 million compared to TWD 2,161.08 million a year ago. Net income was TWD 476.84 million compared to TWD 475.9 million a year ago. Basic earnings per share from continuing operations was TWD 5.86 compared to TWD 5.84 a year ago. Diluted earnings per share from continuing operations was TWD 5.61 compared to TWD 5.81 a year ago.
ALL RING TECH CO., LTD. is a Taiwan-based company principally engaged in the design, manufacturing, processing and distribution of automatic machinery equipment. The Company's primary products include testing equipment, passive component devices, light emitting diode (LED) devices, thin film transistor liquid crystal display (TFT-LCD) equipment, semiconductor equipment and solar energy equipment, such as resistance testers, inductance testers, array testers, cutting machines, parts feeders, integrated circuit (IC) testers, substrate loaders, substrate unloaders, chargers and ball mounters. The Company is also involved in the international trading businesses. The Company mainly operates its businesses in Taiwan and the Mainland China.
ALL RING TECH CO., LTD. 
