International Carbide Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 12:13 pm
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INternational CArbide Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 134.162 million compared to TWD 128.469 million a year ago. Operating income was TWD 26.224 million compared to TWD 15.320 million a year ago. Net income was TWD 19.830 million compared to TWD 11.436 million a year ago. Basic earnings per share was TWD 0.92 compared to TWD 0.53 a year ago. For the nine months, sales was TWD 380.376 million compared to TWD 421.388 million a year ago. Operating income was TWD 55.038 million compared to TWD 66.319 million a year ago. Net income was TWD 41.283 million compared to TWD 52.166 million a year ago. Basic earnings per share was TWD 1.91 compared to TWD 2.42 a year ago. Diluted earnings per share was TWD 1.9 compared to TWD 2.4 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.