Gallant Precision Machining Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 04, 2022 at 04:46 pm EDT
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Gallant Precision 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 1,285.04 million compared to TWD 1,175.5 million a year ago. Net income was TWD 162.15 million compared to TWD 74.77 million a year ago. Basic earnings per share from continuing operations was TWD 1 compared to TWD 0.47 a year ago. Diluted earnings per share from continuing operations was TWD 0.99 compared to TWD 0.47 a year ago. Basic earnings per share was TWD 1 compared to TWD 0.47 a year ago. Diluted earnings per share was TWD 0.99 compared to TWD 0.47 a year ago.
For the nine months, sales was TWD 3,516.5 million compared to TWD 3,701.2 million a year ago. Net income was TWD 374.09 million compared to TWD 240.81 million a year ago. Basic earnings per share from continuing operations was TWD 2.32 compared to TWD 1.51 a year ago. Diluted earnings per share from continuing operations was TWD 2.29 compared to TWD 1.51 a year ago. Basic earnings per share was TWD 2.32 compared to TWD 1.51 a year ago. Diluted earnings per share was TWD 2.29 compared to TWD 1.51 a year ago.
Gallant Precision Machining Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of display process equipment, semiconductor process equipment and intelligent automation equipment. The Company provides integrated circuit (IC) packaging front-end equipment, IC packaging back-end equipment, as well as thin film transistor (TFT)-LCD, organic light-emitting diode (OLED), three dimensions (3D) displays and touch panel equipment. The Company also provides manufacture and test equipment for solar panels, as well as automation handling systems and others. The Company distributes its products in domestic market and to overseas markets.