Fu Chun Shin Machinery Manufacture Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 05:21 am EST
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Fu Chun Shin Machinery Manufacture Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,043.67 million compared to TWD 1,085.05 million a year ago. Net income was TWD 32.49 million compared to TWD 39.2 million a year ago. Basic earnings per share from continuing operations was TWD 0.2039 compared to TWD 0.2524 a year ago. Diluted earnings per share from continuing operations was TWD 0.1942 compared to TWD 0.2524 a year ago.
For the nine months, sales was TWD 3,422.52 million compared to TWD 3,226.76 million a year ago. Net income was TWD 128.63 million compared to TWD 97.74 million a year ago. Basic earnings per share from continuing operations was TWD 0.8252 compared to TWD 0.6311 a year ago. Diluted earnings per share from continuing operations was TWD 0.8058 compared to TWD 0.6311 a year ago.
FU CHUN SHIN MACHINERY MANUFACTURE CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of plastic injection molding machines. The Company's main products include electronic precision component ejectors of computers, communications and consumer electronics (3C) products, liquid crystal display (LCD) ejectors, cables, light guide plates and others. The Company is also involved in the manufacture of auto parts, electronic parts and other plastic products. The Company distributes its products in domestic market and to overseas markets, including mainland China and others.