JDV Control Valves Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:21 am EST
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JDV Control Valves 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 215.08 million compared to TWD 275.54 million a year ago. Net income was TWD 29.42 million compared to TWD 55.11 million a year ago. Basic earnings per share from continuing operations was TWD 0.88 compared to TWD 1.86 a year ago. Diluted earnings per share from continuing operations was TWD 0.88 compared to TWD 1.86 a year ago.
For the nine months, sales was TWD 703.14 million compared to TWD 668.3 million a year ago. Net income was TWD 106.65 million compared to TWD 97.03 million a year ago. Basic earnings per share from continuing operations was TWD 3.2 compared to TWD 3.28 a year ago. Diluted earnings per share from continuing operations was TWD 3.2 compared to TWD 3.27 a year ago.
JDV Control Valves Co Ltd is a Taiwan-based company mainly engaged in the research and development, design, production and sale of valves. The products include ball valves, butterfly valves and V-type valves. Ball valves are used in power plants, steel plants, semiconductor plants and petrochemical plants. Butterfly valves are used in steel plants, semiconductor plants and petrochemical plants. V-type valves are used in papermaking, chemical fiber plants, chemical plants and rubber plants. The value products include ball valves, butterfly valves, gate valves, globe valves, safety valves, pressure reducing valves, plunger valves, diaphragm control valves and others. The products are used in semiconductor, petrochemical, pharmaceutical, steel, natural gas, power plants, paper industry and other industrial fields. The Company distributes its products in domestic and overseas markets. The Company is also engaged in the replacement of spare parts, regular maintenance and repair of valves.