I Yuan Precision Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 01:16 am EST
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I Yuan Precision Industrial 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 173.65 million compared to TWD 221.09 million a year ago. Net income was TWD 42.19 million compared to TWD 92.73 million a year ago. Basic earnings per share from continuing operations was TWD 1.18 compared to TWD 2.58 a year ago. Diluted earnings per share from continuing operations was TWD 1.18 compared to TWD 2.58 a year ago.
For the nine months, sales was TWD 419.06 million compared to TWD 594.81 million a year ago. Net income was TWD 81.88 million compared to TWD 189.59 million a year ago. Basic earnings per share from continuing operations was TWD 2.28 compared to TWD 5.28 a year ago. Diluted earnings per share from continuing operations was TWD 2.28 compared to TWD 5.28 a year ago.
I Yuan Precision Industrial Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile spare parts. The Companyâs main products consist of radiator cooling fans, which prevent automobile engine radiators from being over heated; wind blowers, which are applied in automobile air conditioning systems, as well as window lifts, which enable the movements of automobile windows. It distributes its products within domestic market and to overseas markets.