Chiu Ting Machinery Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 10:14 pm IST
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Chiu Ting Machinery Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 487.170 million compared to TWD 667.295 million a year ago. Net income was TWD 26.061 million compared to TWD 18.378 million a year ago. Basic earnings per share from continuing operations was TWD 0.4 compared to TWD 0.32 a year ago. Basic earnings per share was TWD 0.4 compared to TWD 0.28 a year ago. For the nine months, sales was TWD 1,699.900 million compared to TWD 2,089.006 million a year ago. Net income was TWD 90.582 million compared to TWD 100.404 million a year ago. Basic earnings per share from continuing operations was TWD 1.39 compared to TWD 1.62 a year ago. Basic earnings per share was TWD 1.39 compared to TWD 1.54 a year ago. Diluted earnings per share from continuing operations was TWD 1.38 compared to TWD 1.61 a year ago. Diluted earnings per share was TWD 1.38 compared to TWD 1.53 a year ago.
CHIU TING MACHINERY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture, processing and sales of woodworking machineries. The Companyâs primary products include computerized auto carving machines, bench top and stationery planers, manual planers, single spindle shapers, bench top and stationery jointers, computer numerical control (CNC) machine tools and lathes, as well as bench top and stationery table saws. The Company mainly distributes its products in domestic market and overseas markets, including the United States of America (the USA), Canada and other countries.