Value Valves Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 06:32 am EST
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Value Valves Co.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 580.510 million compared to TWD 423.736 million a year ago. Operating income was TWD 106.799 million compared to TWD 13.094 million a year ago. Net income was TWD 78.749 million compared to TWD 8.523 million a year ago. Basic earnings per share was TWD 2.21 compared to TWD 0.26 a year ago. For the nine months, sales was TWD 1,778.504 million compared to TWD 1,407.725 million a year ago. Operating income was TWD 295.652 million compared to TWD 229.598 million a year ago. Net income was TWD 220.122 million compared to TWD 157.472 million a year ago. Basic earnings per share was TWD 6.18 compared to TWD 4.77 a year ago. Diluted earnings per share was TWD 6.18 compared to TWD 4.76 a year ago.
Value Valves Co., Ltd. is a Taiwan-based company mainly engaged in development, design, manufacture and sale of industrial valves. The valve products include butterfly valves, ball valves and control valves. The products are widely used in petroleum, petrochemical, steel, shipbuilding, energy, water treatment, paper, air conditioning and electronics industries. The Company distributes its products within the domestic market and to overseas markets, including Asia, Europe, the Americas and Africa.
VALUE VALVES CO., LTD. 
