Motech Industries Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 04:45 pm EST
Motech Industries Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 954.52 million compared to TWD 1,387.7 million a year ago. Revenue was TWD 1,024.35 million compared to TWD 1,470.27 million a year ago. Net income was TWD 75.95 million compared to TWD 94.15 million a year ago. Basic earnings per share from continuing operations was TWD 0.2 compared to TWD 0.25 a year ago. Diluted earnings per share from continuing operations was TWD 0.2 compared to TWD 0.25 a year ago.
For the nine months, sales was TWD 3,135.88 million compared to TWD 3,649.99 million a year ago. Revenue was TWD 3,379.8 million compared to TWD 3,803.88 million a year ago. Net income was TWD 254.98 million compared to TWD 194.03 million a year ago. Basic earnings per share from continuing operations was TWD 0.66 compared to TWD 0.54 a year ago. Diluted earnings per share from continuing operations was TWD 0.66 compared to TWD 0.53 a year ago.