Taiwan Takisawa Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023
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Taiwan Takisawa Technology 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 605.16 million compared to TWD 851.26 million a year ago. Net income was TWD 68.27 million compared to TWD 98.85 million a year ago. Basic earnings per share from continuing operations was TWD 0.94 compared to TWD 1.36 a year ago. Diluted earnings per share from continuing operations was TWD 0.94 compared to TWD 1.36 a year ago.
For the nine months, sales was TWD 2,073.15 million compared to TWD 2,545.62 million a year ago. Net income was TWD 90.02 million compared to TWD 274.08 million a year ago. Basic earnings per share from continuing operations was TWD 1.24 compared to TWD 3.78 a year ago. Diluted earnings per share from continuing operations was TWD 1.24 compared to TWD 3.76 a year ago.
TAIWAN TAKISAWA TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of mechanical equipment and other electrical and electronic machinery and equipment. The Company's main products include computer numerical control (CNC) lathes, original equipment manufacturer (OEM) production lathes, printed circuit board (PCB) drilling machines, high-speed precision lathes and others. The Company's products are mainly used in automobiles, aerospace, national defense, as well as computer, communications and consumer electronics (3C) products. The Company distributes its products in domestic market to overseas markets, including the rest areas of Asia, Europe, the Americas and others.