I-Chiun Precision Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 02:47 am EST
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I-Chiun Precision Industry 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 1,309.95 million compared to TWD 1,269.71 million a year ago. Net income was TWD 40.78 million compared to TWD 37.17 million a year ago. Basic earnings per share from continuing operations was TWD 0.19 compared to TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 0.19 compared to TWD 0.17 a year ago.
For the nine months, sales was TWD 3,626.84 million compared to TWD 4,041.79 million a year ago. Net income was TWD 144.89 million compared to TWD 109.03 million a year ago. Basic earnings per share from continuing operations was TWD 0.66 compared to TWD 0.49 a year ago. Diluted earnings per share from continuing operations was TWD 0.66 compared to TWD 0.49 a year ago.
I-CHIUN PRECISION INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of light-emitting diode (LED) lead frames and liquid crystal display (LCD) components. The Company's main products include LED lead frames, surface mount device (SMD) frames, infrared lead frames and automotive lamp lead frames, LCD backlight module reflectors and backplanes, as well as stamping components for mobile communications products. The Company mainly conducts its business in domestic and overseas markets.