KENT Industrial Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 05:58 pm EST
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KENT Industrial 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 225.9 million compared to TWD 233.99 million a year ago. Net income was TWD 30.77 million compared to TWD 40.52 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to TWD 0.42 a year ago. Diluted earnings per share from continuing operations was TWD 0.28 compared to TWD 0.41 a year ago.
For the nine months, sales was TWD 614.83 million compared to TWD 693.94 million a year ago. Net income was TWD 77.92 million compared to TWD 106.67 million a year ago. Basic earnings per share from continuing operations was TWD 0.73 compared to TWD 1.09 a year ago. Diluted earnings per share from continuing operations was TWD 0.73 compared to TWD 1.09 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.