Iron Force Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 01:22 am EST
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Iron Force 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 1,334.7 million compared to TWD 1,269.24 million a year ago. Net income was TWD 140.92 million compared to TWD 190.41 million a year ago. Basic earnings per share from continuing operations was TWD 1.85 compared to TWD 2.51 a year ago. Diluted earnings per share from continuing operations was TWD 1.85 compared to TWD 2.42 a year ago.
For the nine months, sales was TWD 3,633.45 million compared to TWD 3,308.85 million a year ago. Net income was TWD 348.18 million compared to TWD 353.73 million a year ago. Basic earnings per share from continuing operations was TWD 4.59 compared to TWD 4.66 a year ago. Diluted earnings per share from continuing operations was TWD 4.58 compared to TWD 4.5 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.