Heran Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 04:31 pm EST
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Heran 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 1,941.66 million compared to TWD 2,092.26 million a year ago. Revenue was TWD 1,613.63 million compared to TWD 1,769.06 million a year ago. Net income was TWD 167.26 million compared to TWD 215.32 million a year ago. Basic earnings per share from continuing operations was TWD 2.29 compared to TWD 2.95 a year ago. Diluted earnings per share from continuing operations was TWD 2.29 compared to TWD 2.94 a year ago.
For the nine months, sales was TWD 5,777.25 million compared to TWD 6,316.24 million a year ago. Revenue was TWD 4,821.68 million compared to TWD 5,455.6 million a year ago. Net income was TWD 482.85 million compared to TWD 635.36 million a year ago. Basic earnings per share from continuing operations was TWD 6.61 compared to TWD 8.7 a year ago. Diluted earnings per share from continuing operations was TWD 6.59 compared to TWD 8.67 a year ago.
Heran Co., Ltd. is a Taiwan-based company principally engaged in the manufacture of electronic components, as well as the wholesale of electric appliances. The Company's main products include liquid crystal displays, air conditioners and others. The Company distributes its products in domestic market.