FineTek Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 04:06 pm EST
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FineTek 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 452.58 million compared to TWD 342.7 million a year ago. Net income was TWD 96.37 million compared to TWD 90.54 million a year ago. Basic earnings per share from continuing operations was TWD 1.7658 compared to TWD 1.6667 a year ago. Diluted earnings per share from continuing operations was TWD 1.7568 compared to TWD 1.6577 a year ago.
For the nine months, sales was TWD 1,084.83 million compared to TWD 910.18 million a year ago. Net income was TWD 257.88 million compared to TWD 213.57 million a year ago. Basic earnings per share from continuing operations was TWD 4.7207 compared to TWD 3.9369 a year ago. Diluted earnings per share from continuing operations was TWD 4.7027 compared to TWD 3.9279 a year ago.
FineTek Co.,Ltd. is a Taiwan-based company principally engaged in provision of automation devices and meters. The Companyâs main products portfolio consists of process automation sensors and electric machine pneumatic control components. Its process automation sensors include point level sensors, level sensors, flow switches, panel meters and others, which are applied for monitoring and control of temperature, pressure, electricity, instrument and meter, liquid, solid, flux and others. Its electric machine pneumatic control components include controllers, pneumatic components, pollution control components and others. The Company distributes its products within domestic market and to overseas markets.
FINETEK CO., LTD. 
