Ginar Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Ginar Technology 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 395.86 million compared to TWD 553.65 million a year ago. Net income was TWD 21.48 million compared to TWD 43.34 million a year ago. Basic earnings per share from continuing operations was TWD 0.39 compared to TWD 0.78 a year ago. Diluted earnings per share from continuing operations was TWD 0.39 compared to TWD 0.78 a year ago.
For the nine months, sales was TWD 1,291.9 million compared to TWD 1,864.75 million a year ago. Net income was TWD 78.22 million compared to TWD 170.89 million a year ago. Basic earnings per share from continuing operations was TWD 1.42 compared to TWD 3.09 a year ago. Diluted earnings per share from continuing operations was TWD 1.41 compared to TWD 3.08 a year ago.
GINAR TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacturing, processing and distribution of composite materials. The Companyâs primary products include nylon (NY), polypropylene (PP), acrylonitrile butadiene styrene (ABS), polybutylene terephthalate (PBT) composite materials and polycarbonate (PC) composite products, among others. The Company is also engaged in the trading of raw materials. The Company mainly distributes its products in domestic market and to overseas markets, including the Peopleâs Republic of China (the PRC), Africa, the rest of Asia and others.
GINAR TECHNOLOGY CO.,LTD. 
