O-TA Precision Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 05:58 pm EST
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O-TA Precision Industry 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 1,025.69 million compared to TWD 1,708.07 million a year ago. Net income was TWD 58.53 million compared to TWD 369.9 million a year ago. Basic earnings per share from continuing operations was TWD 0.7 compared to TWD 4.41 a year ago. Diluted earnings per share from continuing operations was TWD 0.7 compared to TWD 4.4 a year ago.
For the nine months, sales was TWD 3,286.76 million compared to TWD 5,577.18 million a year ago. Net income was TWD 302.83 million compared to TWD 1,254.26 million a year ago. Basic earnings per share from continuing operations was TWD 3.61 compared to TWD 14.97 a year ago. Diluted earnings per share from continuing operations was TWD 3.6 compared to TWD 14.8 a year ago.
O-TA PRECISION INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and sales of golf related products. The Company's main products include golf club heads, golf clubs, golf equipment, as well as bicycles and related components. The Company mainly distributes its products in Asian, American and European markets.