Best Precision Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 04:36 am EST
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Best Precision 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 172.15 million compared to TWD 282.83 million a year ago. Net income was TWD 44.19 million compared to TWD 74.49 million a year ago. Basic earnings per share from continuing operations was TWD 1.14 compared to TWD 2.08 a year ago. Diluted earnings per share from continuing operations was TWD 1.12 compared to TWD 2.05 a year ago.
For the nine months, sales was TWD 670.08 million compared to TWD 767.63 million a year ago. Net income was TWD 149.37 million compared to TWD 209.35 million a year ago. Basic earnings per share from continuing operations was TWD 3.84 compared to TWD 5.84 a year ago. Diluted earnings per share from continuing operations was TWD 3.79 compared to TWD 5.75 a year ago.
Best Precision Industrial Co Ltd is a Taiwan-based company mainly engaged in the design, manufacture and sale of mobile phones, vehicles, precision optical lens molds and optical components. The Company's products are mainly used in smart phones, car lenses, security surveillance, digital cameras, notebook computers, video conferencing equipment, virtual reality equipment and augmented reality equipment and others. The Company mainly provides its products in China, Taiwan, Southeast Asia and other regions.