Tachia Yung Ho Machine Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 02:33 am EST
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Tachia Yung Ho Machine Industry 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 431.79 million compared to TWD 521.69 million a year ago. Net income was TWD 39.79 million compared to TWD 95.79 million a year ago. Basic earnings per share from continuing operations was TWD 0.94 compared to TWD 2.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.94 compared to TWD 2.25 a year ago.
For the nine months, sales was TWD 1,059.84 million compared to TWD 1,382.66 million a year ago. Net income was TWD 71.33 million compared to TWD 223.91 million a year ago. Basic earnings per share from continuing operations was TWD 1.69 compared to TWD 5.29 a year ago. Diluted earnings per share from continuing operations was TWD 1.68 compared to TWD 5.26 a year ago.
Tachia Yung Ho Machine Industry Co., Ltd. is principally engaged in the manufacture and distribution of stainless steel welded pipe fittings and ultra-clean pipe fittings. The Companyâs stainless steel welded pipe fittings include seamed stainless steel welded pipe fittings and seamless stainless steel welded pipe fittings. The Company is also engaged in the manufacture and distribution of carbon steel butt-welded pipe fittings. Its pipe fittings include elbows, tees, reducers, caps and thin-walled pipes. The Company distributes its products in domestic market and to overseas markets, including Asia, Europe and the Americas, among others.
TACHIA YUNG HO MACHINE INDUSTRY CO., LTD. 