INternational CArbide Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022
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INternational CArbide Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 102.21 million compared to TWD 138.31 million a year ago. Net income was TWD 14.22 million compared to TWD 13.69 million a year ago. Basic earnings per share was TWD 0.5182 compared to TWD 0.5 a year ago. Diluted earnings per share was TWD 0.5182 compared to TWD 0.5 a year ago.
For the six months, sales was TWD 216.72 million compared to TWD 233.99 million a year ago. Net income was TWD 29.76 million compared to TWD 18.78 million a year ago. Basic earnings per share was TWD 1.0818 compared to TWD 0.6818 a year ago. Diluted earnings per share was TWD 1.0727 compared to TWD 0.6818 a year ago.
INTERNATIONAL CARBIDE TECHNOLOGY CO.,LTD. is a Taiwan-based company principally engaged in the research, development, production and sales of environmentally friendly fire safety products. The Company's main products include fire retardant coatings, fire protection materials, flame retardants and others. The Company is also involved in the contracting of fire protection projects. The Company distributes its products in the domestic market and to overseas markets.