Chiu Ting Machinery Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 08:26 am EST
Share
Chiu Ting Machinery Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 667.295 million compared to TWD 686.892 million a year ago. Operating income was TWD 36.608 million compared to TWD 58.105 million a year ago. Net income was TWD 18.378 million compared to TWD 34.916 million a year ago. Basic earnings per share from continuing operations was TWD 0.32 compared to TWD 0.65 a year ago. Basic earnings per share was TWD 0.28 compared to TWD 0.53 a year ago.
For the nine months, sales was TWD 2,089.006 million compared to TWD 2,164.263 million a year ago. Operating income was TWD 112.357 million compared to TWD 190.899 million a year ago. Net income was TWD 100.404 million compared to TWD 54.078 million a year ago. Basic earnings per share from continuing operations was TWD 1.62 compared to TWD 0.9 a year ago. Basic earnings per share was TWD 1.54 compared to TWD 0.83 a year ago. Diluted earnings per share from continuing operations was TWD 1.61 compared to TWD 0.9 a year ago. Diluted earnings per share was TWD 1.53 compared to TWD 0.82 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. 