ThinTech Materials Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 03, 2023 at 06:54 pm EDT
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ThinTech Materials Technology 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 669.71 million compared to TWD 545.1 million a year ago. Net income was TWD 21.53 million compared to TWD 11.38 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to TWD 0.15 a year ago. Diluted earnings per share from continuing operations was TWD 0.28 compared to TWD 0.15 a year ago.
For the nine months, sales was TWD 1,801.59 million compared to TWD 2,022.36 million a year ago. Net income was TWD 39.68 million compared to TWD 72.82 million a year ago. Basic earnings per share from continuing operations was TWD 0.54 compared to TWD 0.99 a year ago. Diluted earnings per share from continuing operations was TWD 0.54 compared to TWD 0.99 a year ago.
ThinTech Materials Technology Co., Ltd. is principally engaged in the manufacture and distribution of thin film sputtering target products and precious metal materials. The Company main involves in the provision of thin film sputtering target products, which are applied in the manufacture of optical storage disks, flat panel displays, decoration coating products, microelectronic passive components, optical coating parts, wafers, chips and thin film solar batteries, among others, as well as the processing and distribution of gold and silver materials. In addition, it engages in the provision of special materials for optoelectronic devices. The Company distributes its products primarily in Taiwan, as well as the rest of Asia, Europe and the Americas.
THINTECH MATERIALS TECHNOLOGY CO., LTD. 
