Gallant Micro. Machining Co., LTD. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 04:35 pm EDT
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Gallant Micro. Machining 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 339.11 million compared to TWD 380.64 million a year ago. Net income was TWD 52.05 million compared to TWD 43.19 million a year ago. Basic earnings per share from continuing operations was TWD 1.88 compared to TWD 1.6 a year ago. Diluted earnings per share from continuing operations was TWD 1.86 compared to TWD 1.58 a year ago.
For the nine months, sales was TWD 1,161.15 million compared to TWD 1,091.46 million a year ago. Net income was TWD 223.35 million compared to TWD 128.27 million a year ago. Basic earnings per share from continuing operations was TWD 8.18 compared to TWD 4.75 a year ago. Diluted earnings per share from continuing operations was TWD 8.05 compared to TWD 4.7 a year ago.
GALLANT MICRO. MACHINING CO., LTD. is a Taiwan-based company principally engaged in the manufacture of semiconductor manufacturing equipment, as well as the provision of components and technical services. The Companyâs main products include Integrated Circuit (IC) packaging equipment, such as chip sorters, die bonders, auto molds and laser marks; IC packaging back ends, such as mold chases of auto molds, molds and precision components of punching machines; semiconductor automation machines, such as automatic tray exchange machines, fully auto sputter inline machines and automatic optical inspection machines. The Companyâs products are mainly sold in domestic market and other Asian areas as well.
GALLANT MICRO. MACHINING CO., LTD. 
