Koge Micro Tech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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Koge Micro Tech 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 343.46 million compared to TWD 389.35 million a year ago. Net income was TWD 56.59 million compared to TWD 46.24 million a year ago. Basic earnings per share from continuing operations was TWD 1.8 compared to TWD 1.49 a year ago. Diluted earnings per share from continuing operations was TWD 1.79 compared to TWD 1.48 a year ago.
For the nine months, sales was TWD 1,069.15 million compared to TWD 1,012.98 million a year ago. Net income was TWD 159.61 million compared to TWD 111.41 million a year ago. Basic earnings per share from continuing operations was TWD 5.1 compared to TWD 3.58 a year ago. Diluted earnings per share from continuing operations was TWD 5.07 compared to TWD 3.56 a year ago.
KOGE MICRO TECH CO., LTD is a Taiwan-based company mainly engaged in the research, development, manufacture and distribution of micro pumps, micro valves and plastic components. The Company mainly provides pump products and valve products, such as diaphragm pumps, piston pumps, impeller pumps, centrifugal pumps and solenoid valves, among others, which are used in automobile, medical equipment, household appliance, industrial equipment and office industries. The Company mainly distributes its products in domestic and overseas markets.