International Carbide Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 03:13 pm
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INternational CArbide Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 128.469 million compared to TWD 123.811 million a year ago. Operating income was TWD 15.320 million compared to TWD 18.548 million a year ago. Net income was TWD 11.436 million compared to TWD 15.393 million a year ago. Basic earnings per share was TWD 0.61 compared to TWD 0.82 a year ago. Diluted earnings per share was TWD 0.61 compared to TWD 0.81 a year ago. For the nine months, sales was TWD 421.388 million compared to TWD 336.941 million a year ago. Operating income was TWD 66.319 million compared to TWD 42.947 million a year ago. Net income was TWD 52.166 million compared to TWD 45.254 million a year ago. Basic earnings per share was TWD 2.78 compared to TWD 2.41 a year ago. Diluted earnings per share was TWD 2.75 compared to TWD 2.39 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.