Elite Material Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was TWD 17,463.1 million compared to TWD 11,874.5 million a year ago. Net income was TWD 2,516.22 million compared to TWD 2,022.43 million a year ago. Basic earnings per share from continuing operations was TWD 7.3 compared to TWD 6.04 a year ago. Diluted earnings per share from continuing operations was TWD 7.25 compared to TWD 5.79 a year ago.
For the nine months, sales was TWD 45,814.62 million compared to TWD 28,414.07 million a year ago. Net income was TWD 6,930.37 million compared to TWD 3,502.43 million a year ago. Basic earnings per share from continuing operations was TWD 20.14 compared to TWD 10.5 a year ago. Diluted earnings per share from continuing operations was TWD 19.94 compared to TWD 10.03 a year ago.
Elite Material Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and distribution of base materials for printed circuit board (PCB) industry. The Companyâs products include portfolio copper foil substrates, adhesive sheets, multi-layer laminates. The Companyâs products are applied in the manufacture of double-sided and multi-layer PCBs. The Company distributes its products primarily in Taiwan, China, and South Korea.
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