Hota Industrial Mfg. Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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Hota Industrial Mfg. 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 2,018.84 million compared to TWD 1,758.09 million a year ago. Net income was TWD 326.13 million compared to TWD 182.83 million a year ago. Basic earnings per share from continuing operations was TWD 1.17 compared to TWD 0.65 a year ago. Diluted earnings per share from continuing operations was TWD 1.17 compared to TWD 0.65 a year ago. Basic earnings per share was TWD 1.17 compared to TWD 0.65 a year ago. Diluted earnings per share was TWD 1.17 compared to TWD 0.65 a year ago.
For the nine months, sales was TWD 5,533.99 million compared to TWD 5,007.02 million a year ago. Net income was TWD 539.28 million compared to TWD 326.44 million a year ago. Basic earnings per share from continuing operations was TWD 1.93 compared to TWD 1.18 a year ago. Diluted earnings per share from continuing operations was TWD 1.93 compared to TWD 1.18 a year ago. Basic earnings per share was TWD 1.93 compared to TWD 1.18 a year ago. Diluted earnings per share was TWD 1.93 compared to TWD 1.18 a year ago.
Hota Industrial Mfg. Co Ltd is a Taiwan-based company principally engaged in the manufacture and sale of gears and axles for automobiles and motorcycles. The Companyâs primary products include gears and axles for motorcycles, gear shafts, gearbox parts, differentials and torque transfer systems for heavy duty trucks, slowdown parts, planetary gear sets for auto gearboxes, gears and axles for heavy locomotives, gears and axles for oil pumps, as well as gearbox parts for electric cars. The Company mainly distributes its products in American, Mainland China and Taiwan.
HOTA INDUSTRIAL MFG. CO., LTD. 
