Chiu Ting Machinery Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 03:24 pm EST
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Chiu Ting Machinery 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 396.36 million compared to TWD 648.79 million a year ago. Net income was TWD 37.95 million compared to TWD 113.27 million a year ago. Basic earnings per share from continuing operations was TWD 0.58 compared to TWD 1.73 a year ago. Diluted earnings per share from continuing operations was TWD 0.58 compared to TWD 1.72 a year ago. Basic earnings per share was TWD 0.58 compared to TWD 1.73 a year ago. Diluted earnings per share was TWD 0.58 compared to TWD 1.72 a year ago.
For the nine months, sales was TWD 1,101.25 million compared to TWD 2,207.73 million a year ago. Net income was TWD 61.25 million compared to TWD 411.04 million a year ago. Basic earnings per share from continuing operations was TWD 0.94 compared to TWD 6.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.93 compared to TWD 6.24 a year ago. Basic earnings per share was TWD 0.94 compared to TWD 6.28 a year ago. Diluted earnings per share was TWD 0.93 compared to TWD 6.24 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. 
