Kenturn Nano. Tec. Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 03:16 am EST
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Kenturn Nano. Tec. 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 360.12 million compared to TWD 269.37 million a year ago. Net income was TWD 75.92 million compared to TWD 34.95 million a year ago. Basic earnings per share from continuing operations was TWD 1.3 compared to TWD 0.6 a year ago. Diluted earnings per share from continuing operations was TWD 1.29 compared to TWD 0.6 a year ago.
For the nine months, sales was TWD 897.29 million compared to TWD 868.54 million a year ago. Net income was TWD 117.48 million compared to TWD 99.78 million a year ago. Basic earnings per share from continuing operations was TWD 2.01 compared to TWD 1.7 a year ago. Diluted earnings per share from continuing operations was TWD 1.99 compared to TWD 1.69 a year ago.
Kenturn Nano Tec Co Ltd is a Taiwan-based company principally engaged in the manufacture of precision spindle for various kind of machine tools. The Company's main products contain precision lathe spindles, precision machine tool spindles, precision polished spindles and precision dedicated machine spindles. The Company distributes its products within domestic market and to overseas markets including Asia, Europe, America and Oceania.