ANT Precision Industry Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 02:38 pm EST
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ANT Precision Industry 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 204.85 million compared to TWD 220.1 million a year ago. Net income was TWD 18.31 million compared to TWD 32.49 million a year ago. Basic earnings per share from continuing operations was TWD 0.47 compared to TWD 0.83 a year ago. Diluted earnings per share from continuing operations was TWD 0.46 compared to TWD 0.82 a year ago.
For the nine months, sales was TWD 590.2 million compared to TWD 631.11 million a year ago. Net income was TWD 41.47 million compared to TWD 79.7 million a year ago. Basic earnings per share from continuing operations was TWD 1.06 compared to TWD 2.03 a year ago. Diluted earnings per share from continuing operations was TWD 1.05 compared to TWD 2.02 a year ago.
Ant Precision Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of connectors, cable assemblies, as well as molds and the related components. The Company's connector products are mainly applied in the transmission of signals or electricity within electronic systems. Its cable assembly products are mainly applied in the vehicle audio and video communications, entertainment and navigation systems. It industrial mold products mainly consist of plastic molds and stamping dies. The Company mainly distributes its products in domestic market and to overseas markets.