Iron Force Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022 at 04:21 pm EST
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Iron Force Industrial 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 1,269.24 million compared to TWD 911.25 million a year ago. Net income was TWD 190.41 million compared to TWD 36.86 million a year ago. Basic earnings per share from continuing operations was TWD 2.51 compared to TWD 0.49 a year ago. Diluted earnings per share from continuing operations was TWD 2.42 compared to TWD 0.48 a year ago.
For the nine months, sales was TWD 3,308.85 million compared to TWD 2,782.48 million a year ago. Net income was TWD 353.73 million compared to TWD 205.72 million a year ago. Basic earnings per share from continuing operations was TWD 4.66 compared to TWD 2.71 a year ago. Diluted earnings per share from continuing operations was TWD 4.5 compared to TWD 2.64 a year ago.
IRON FORCE INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of automotive parts and components. The Company's main products include pre-retractable seat belt precision catheters, airbag components, display racks and hangers and others. The Company distributes its products to overseas markets, such as Europe, the Americas and the rest areas of Asia.