Inmax Holding Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023 at 05:08 pm
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Inmax Holding 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 24.95 million compared to TWD 181.94 million a year ago. Net loss was TWD 10.71 million compared to net income of TWD 32.13 million a year ago. Basic loss per share from continuing operations was TWD 0.31 compared to basic earnings per share from continuing operations of TWD 0.94 a year ago. Diluted loss per share from continuing operations was TWD 0.31 compared to diluted earnings per share from continuing operations of TWD 0.93 a year ago.
For the nine months, sales was TWD 52.98 million compared to TWD 563.08 million a year ago. Net loss was TWD 32.95 million compared to net income of TWD 73.93 million a year ago. Basic loss per share from continuing operations was TWD 0.96 compared to basic earnings per share from continuing operations of TWD 2.16 a year ago. Diluted loss per share from continuing operations was TWD 0.96 compared to diluted earnings per share from continuing operations of TWD 2.12 a year ago.
INMAX HOLDING CO., LTD. is a holding company engaged in the manufacturing and distribution of pneumatic and furniture nails through its subsidiary. The Company's products include furniture nails, wire collated coil nails, wire collated coil roofing nails, round head plastic collated strip nails and paper strip nails. The Company distributes its products in domestic market and to the overseas markets, including the Americas, Europe and the rest of Asia. As of December 31, 2011, the Company had one wholly owned subsidiary, Inmax Sdn. Bhd.