Chieftek Precision Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 03:05 pm EST
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Chieftek Precision 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 245.16 million compared to TWD 421.31 million a year ago. Net income was TWD 25.2 million compared to TWD 89.64 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to TWD 1.01 a year ago. Diluted earnings per share from continuing operations was TWD 0.29 compared to TWD 1 a year ago.
For the nine months, sales was TWD 838.4 million compared to TWD 1,266.38 million a year ago. Net income was TWD 106.38 million compared to TWD 253.17 million a year ago. Basic earnings per share from continuing operations was TWD 1.22 compared to TWD 2.85 a year ago. Diluted earnings per share from continuing operations was TWD 1.22 compared to TWD 2.84 a year ago.
CHIEFTEK PRECISION Co., LTD. is a Taiwan-based company principally engaged in research, development, manufacture and sales of slide rails and motors. The Company's main products include miniature linear slides, standard linear slides, linear motors, micro and standard linear modules and optoelectronic and semiconductor process equipment. The Company's products are mainly used in automation equipment, machine tools, semiconductors, liquid crystal display (LCD) panels and solar cells, electronic products, medical and biotech products, optical instruments, aerospace and national defense, as well as general machinery. The Company distributes its products in domestic market and to overseas markets, such as the rest of Asia, Europe and the Americas.
CHIEFTEK PRECISION CO., LTD. 
