Wisher Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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Wisher Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 163.76 million compared to TWD 115.09 million a year ago. Net income was TWD 61.67 million compared to net loss of TWD 61.8 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to basic loss per share from continuing operations of TWD 0.6 a year ago. Diluted earnings per share from continuing operations was TWD 0.59.
For the nine months, sales was TWD 412.37 million compared to TWD 279.2 million a year ago. Net income was TWD 110.37 million compared to net loss of TWD 87.71 million a year ago. Basic earnings per share from continuing operations was TWD 1.07 compared to basic loss per share from continuing operations of TWD 0.85 a year ago. Diluted earnings per share from continuing operations was TWD 1.06.
WISHER INDUSTRIAL CO., LTD. is principally engaged in processing, manufacture and distribution of fabric and filament products. The Company provides textured yarns, polyester filament woven fabrics and knitted fabrics. The Companyâs products include elastic polyester textured yarns, special polyester textured yarns and other products, which are applied in manufacture of knitted fabrics, casual apparels, sportswear, industrial fabrics and trousers, among others. The Company distributes its products within domestic market and to overseas markets.