Allied Industrial Corp., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 02:49 am EST
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Allied Industrial Corp., 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 135.51 million compared to TWD 156.2 million a year ago. Net income was TWD 32.71 million compared to TWD 46.22 million a year ago. Basic earnings per share from continuing operations was TWD 0.45 compared to TWD 0.64 a year ago. Diluted earnings per share from continuing operations was TWD 0.45 compared to TWD 0.64 a year ago.
For the nine months, sales was TWD 445.6 million compared to TWD 857.16 million a year ago. Net income was TWD 37.84 million compared to TWD 92.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.52 compared to TWD 1.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.52 compared to TWD 1.28 a year ago.
Allied Industrial Corp., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of dyes. The Company mainly provides dyes and food additives. The Companyâs dyes consist of disperse dyes, reactive dyes, acid dyes, basic dyes, dyeing and finishing auxiliaries and others. The Companyâs products are used in the dyeing and printing of fibers and synthetic fibers, such as acetic acid, polyester, nylon, wool, silk and cotton. The Company distributes its products within the domestic market and to overseas markets, including Asia, the Middle East and others.
ALLIED INDUSTRIAL CORP., LTD. 
