Roundtop Machinery Industries Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023
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Roundtop Machinery Industries 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 115.17 million compared to TWD 127.77 million a year ago. Net income was TWD 32.93 million compared to TWD 50.05 million a year ago. Basic earnings per share from continuing operations was TWD 0.39 compared to TWD 0.59 a year ago. Diluted earnings per share from continuing operations was TWD 0.38 compared to TWD 0.58 a year ago.
For the nine months, sales was TWD 377.04 million compared to TWD 352.54 million a year ago. Net income was TWD 91.89 million compared to TWD 111.03 million a year ago. Basic earnings per share from continuing operations was TWD 1.08 compared to TWD 1.3 a year ago. Diluted earnings per share from continuing operations was TWD 1.07 compared to TWD 1.3 a year ago.
Roundtop Machinery Industries Co Ltd is a Taiwan-based company principally engaged in the manufacture and sales of machining centers and computer numerical control (CNC) lathes. The Company's primary products include vertical machining center (VMC) series, high-speed vertical machining centers, horizontal boring and milling centers, horizontal and vertical machining centers, double column multi-axis machining centers, slant-bed CNC super lathes, super turning centers, turing centers, great turning centers and vertical turing centers. The Company mainly distributes its products in Asia, the Americas and Europe.