Kaori Heat Treatment Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 09:43 am EST
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Kaori Heat Treatment 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 1,147.82 million compared to TWD 761.21 million a year ago. Net income was TWD 206.14 million compared to TWD 92.28 million a year ago. Basic earnings per share from continuing operations was TWD 2.31 compared to TWD 1.03 a year ago. Diluted earnings per share from continuing operations was TWD 2.3 compared to TWD 1.03 a year ago.
For the nine months, sales was TWD 3,426.05 million compared to TWD 1,944.14 million a year ago. Net income was TWD 540.4 million compared to TWD 200.56 million a year ago. Basic earnings per share from continuing operations was TWD 6.05 compared to TWD 2.24 a year ago. Diluted earnings per share from continuing operations was TWD 6.04 compared to TWD 2.24 a year ago.
Kaori Heat Treatment Co Ltd is a Taiwan-based company mainly engaged in the heat treatment business. The main products include thermal energy products, plate heat exchangers, and metal products and processing. Thermal energy products include new energy fuel gas recombiners, core reactor furnace parts for refractory batteries, refrigerated air dryers, core reactor furnace parts for burner batteries, and others. The plate heat exchanger is mainly used in the refrigeration and air-conditioning industry, air pressure, hydraulic machinery industry, food industry, high frequency furnace industry, boiler industry, rubber and plastic industry, fuel cell, electric vehicle and other general industries. The processing of metal products is mainly for welding of automobile, locomotive and air-conditioning appliances, as well as annealing and solid solution of stainless steel pipes and electric heating pipes. The Company distributes products in domestic market and to overseas markets.
KAORI HEAT TREATMENT CO., LTD. 
