ANT Precision Industry Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 12:49 pm IST
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ANT Precision Industry 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 220.1 million compared to TWD 248.85 million a year ago. Net income was TWD 32.49 million compared to TWD 37.29 million a year ago. Basic earnings per share from continuing operations was TWD 0.83 compared to TWD 0.95 a year ago. Diluted earnings per share from continuing operations was TWD 0.82 compared to TWD 0.95 a year ago.
For the nine months, sales was TWD 631.11 million compared to TWD 656.9 million a year ago. Net income was TWD 79.7 million compared to TWD 67.6 million a year ago. Basic earnings per share from continuing operations was TWD 2.03 compared to TWD 1.72 a year ago. Diluted earnings per share from continuing operations was TWD 2.02 compared to TWD 1.71 a year ago.
Ant Precision Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of connectors, cable assemblies, as well as molds and the related components. The Company's connector products are mainly applied in the transmission of signals or electricity within electronic systems. Its cable assembly products are mainly applied in the vehicle audio and video communications, entertainment and navigation systems. It industrial mold products mainly consist of plastic molds and stamping dies. The Company mainly distributes its products in domestic market and to overseas markets.