Chiu Ting Machinery Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 01:16 am EDT
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Chiu Ting Machinery Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 818.82 million compared to TWD 614.16 million a year ago. Net income was TWD 97.8 million compared to TWD 8.93 million a year ago. Basic earnings per share from continuing operations was TWD 1.5 compared to TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 1.49 compared to TWD 0.17 a year ago. Basic earnings per share was TWD 1.5 compared to TWD 0.14 a year ago. Diluted earnings per share was TWD 1.49 compared to TWD 0.14 a year ago.
CHIU TING MACHINERY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture, processing and sales of woodworking machineries. The Companyâs primary products include computerized auto carving machines, bench top and stationery planers, manual planers, single spindle shapers, bench top and stationery jointers, computer numerical control (CNC) machine tools and lathes, as well as bench top and stationery table saws. The Company mainly distributes its products in domestic market and overseas markets, including the United States of America (the USA), Canada and other countries.
CHIU TING MACHINERY CO., LTD. 
