Test-Rite International Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
Share
Test-Rite International 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 9,097.08 million compared to TWD 10,732.38 million a year ago. Net income was TWD 143.51 million compared to TWD 176.24 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to TWD 0.36 a year ago. Diluted earnings per share from continuing operations was TWD 0.29 compared to TWD 0.36 a year ago.
For the nine months, sales was TWD 29,072.44 million compared to TWD 32,524.01 million a year ago. Net income was TWD 489.38 million compared to TWD 648.15 million a year ago. Basic earnings per share from continuing operations was TWD 0.99 compared to TWD 1.31 a year ago. Diluted earnings per share from continuing operations was TWD 0.99 compared to TWD 1.31 a year ago.
Test Rite International Co Ltd is a Taiwan-based company principally engaged in the retailing of household products and the trading of daily goods. The trading business is engaged in the import and export business and agency business of department store products, covering hardware tools, DIY hand tools, bathroom and storage products, stationery products, household appliances and living goods, outdoor furniture, gardening, barbecue products. The retail business is directly facing consumers mainly located in Taiwan and China in the home furnishings, home repair, mattress and bedding sales business, comprehensive home integration services and brand agency business. The affiliated business groups include design teams for product design, packaging design, and industrial design; construction teams for store construction, office building construction, investment promotion, and logistics and warehousing services in China, Taiwan, the United States, and Europe.
TEST-RITE INTERNATIONAL CO., LTD. 
