Thai Kin Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 01:45 pm IST
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Thai Kin 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 391.37 million compared to TWD 276.87 million a year ago. Net income was TWD 74.48 million compared to TWD 48.56 million a year ago. Basic earnings per share from continuing operations was TWD 2.09 compared to TWD 1.36 a year ago. Diluted earnings per share from continuing operations was TWD 1.92 compared to TWD 1.28 a year ago.
For the nine months, sales was TWD 1,069.9 million compared to TWD 983.51 million a year ago. Net income was TWD 151.86 million compared to TWD 172.01 million a year ago. Basic earnings per share from continuing operations was TWD 4.25 compared to TWD 4.83 a year ago. Diluted earnings per share from continuing operations was TWD 3.93 compared to TWD 4.47 a year ago.
THAI KIN CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and sale of home decoration castings. The Company is mainly engaged in the production of metal castings with zinc alloy and aluminum alloy as main materials, as well as other materials castings. The products are mainly used in cabinets, curtains and bathroom accessories. The Company distributes its products in domestic market and to overseas markets, including Thailand, United States, Europe and mainland China.