KENT Industrial Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 10:08 pm EST
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KENT Industrial 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 233.99 million compared to TWD 222.59 million a year ago. Net income was TWD 40.52 million compared to TWD 35.74 million a year ago. Basic earnings per share from continuing operations was TWD 0.42 compared to TWD 0.37 a year ago. Diluted earnings per share from continuing operations was TWD 0.41 compared to TWD 0.37 a year ago.
For the nine months, sales was TWD 693.94 million compared to TWD 666.24 million a year ago. Net income was TWD 106.67 million compared to TWD 101.66 million a year ago. Basic earnings per share from continuing operations was TWD 1.09 compared to TWD 1.04 a year ago. Diluted earnings per share from continuing operations was TWD 1.09 compared to TWD 1.04 a year ago.
KENT INDUSTRIAL CO.,LTD. a Taiwan-based company mainly engaged in the provision of grinding machines. The Company's products include surface grinders, digital controlled grinders, double column surface grinders, cylindrical grinders, disc grinders, various grinding special machines, vertical cutting center machines, and double column cutting center machines. The Company distributes its products under the KENT brand, mainly in the United States, Japan, Italy, Germany, France, the United Kingdom, Spain, Thailand and other countries.