Group Up Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 04:07 pm
Share
Group Up Industrial 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 597.21 million compared to TWD 494.91 million a year ago. Net income was TWD 211.35 million compared to TWD 76.33 million a year ago. Basic earnings per share from continuing operations was TWD 3.84 compared to TWD 1.39 a year ago. Diluted earnings per share from continuing operations was TWD 3.53 compared to TWD 1.38 a year ago.
For the nine months, sales was TWD 1,742.02 million compared to TWD 1,385.4 million a year ago. Net income was TWD 500.59 million compared to TWD 225.32 million a year ago. Basic earnings per share from continuing operations was TWD 9.1 compared to TWD 4.1 a year ago. Diluted earnings per share from continuing operations was TWD 8.74 compared to TWD 4.08 a year ago.
Group Up Industrial Co., LTD is a Taiwan-based company mainly engaged in the design, manufacturing, assembly, sales and after-sales service of electronic and semiconductor production mechanical equipment. The company's main products include automatic hot air conveyors, infrared hot air conveyors, hot air ovens, vacuum ovens, ultraviolet dryers and others. The company's products are mainly used in displays, printed circuit boards, touch panels, semiconductors, light emitting diode (LED) lighting, solar energy, energy components and passive components and other industries. The company distributes its products in Taiwan, mainland China, Japan, Korea, the United States, Brazil, Germany, Israel, Austria, Singapore, Malaysia, Vietnam, Thailand, the Philippines and India.
GROUP UP INDUSTRIAL CO., LTD. 
