INternational CArbide Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 04:41 pm EST
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INternational CArbide Technology 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 152.02 million compared to TWD 122.39 million a year ago. Net income was TWD 12.89 million compared to TWD 18.05 million a year ago. Basic earnings per share from continuing operations was TWD 0.43 compared to TWD 0.6 a year ago. Diluted earnings per share from continuing operations was TWD 0.42 compared to TWD 0.59 a year ago.
For the nine months, sales was TWD 492.03 million compared to TWD 339.11 million a year ago. Net income was TWD 52.04 million compared to TWD 47.81 million a year ago. Basic earnings per share from continuing operations was TWD 1.72 compared to TWD 1.58 a year ago. Diluted earnings per share from continuing operations was TWD 1.71 compared to TWD 1.56 a year ago.
INTERNATIONAL CARBIDE TECHNOLOGY CO.,LTD. is a Taiwan-based company principally engaged in the research, development, production and sales of environmentally friendly fire safety products. The Company's main products include fire retardant coatings, fire protection materials, flame retardants and others. The Company is also involved in the contracting of fire protection projects. The Company distributes its products in the domestic market and to overseas markets.