TURVO International Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023
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TURVO International Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 897.52 million compared to TWD 859.79 million a year ago. Revenue was TWD 897.52 million compared to TWD 859.79 million a year ago. Net income was TWD 155.37 million compared to TWD 167.64 million a year ago. Basic earnings per share from continuing operations was TWD 2.58 compared to TWD 2.79 a year ago. Diluted earnings per share from continuing operations was TWD 2.57 compared to TWD 2.77 a year ago.
For the nine months, sales was TWD 2,472.63 million compared to TWD 2,610.03 million a year ago. Revenue was TWD 2,472.63 million compared to TWD 2,610.03 million a year ago. Net income was TWD 388.06 million compared to TWD 518.18 million a year ago. Basic earnings per share from continuing operations was TWD 6.44 compared to TWD 8.6 a year ago. Diluted earnings per share from continuing operations was TWD 6.41 compared to TWD 8.53 a year ago.
TURVO International Co., Ltd. is a Taiwan-based company principally engaged in the processing, manufacturing and trading of precision metal components. The Company mainly provides precision metal components, which are applied in the manufacturing automotive engine systems, automotive transmission systems, automotive chassis systems, medical equipment, industrial communication and aerospace connectors and optical products, among others. The Company distributes its products within domestic market, and to overseas markets, including the rest of Asia, the Americas and Europe.