GLOBAL TEK FABRICATION CO., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 02:54 am EST
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GLOBAL TEK FABRICATION CO., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,053.84 million compared to TWD 1,357.87 million a year ago. Net income was TWD 132.51 million compared to TWD 168.1 million a year ago. Basic earnings per share from continuing operations was TWD 1.47 compared to TWD 2.3 a year ago. Diluted earnings per share from continuing operations was TWD 1.4 compared to TWD 1.8 a year ago.
For the nine months, sales was TWD 3,215.08 million compared to TWD 3,775.34 million a year ago. Net income was TWD 277.6 million compared to TWD 394.86 million a year ago. Basic earnings per share from continuing operations was TWD 3.28 compared to TWD 5.47 a year ago. Diluted earnings per share from continuing operations was TWD 2.96 compared to TWD 4.26 a year ago.
Global Tek Fabrication Co Ltd is a Taiwan based company mainly engaged in the manufacture and sale of automotive precision machinery. The Company offers automotive components including automotive safety system components and automotive drive system components, industrial applications including industrial instrumentation, petrochemical industry spare parts, semiconductor equipment components, bicycle components and other precision metal components, as well as aerospace components, including aircraft and engine components and other products. The Company operates business in domestic market and overseas markets, including Asia, Europe, America and others.