Taiwan Fructose Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 05:48 am
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Taiwan Fructose 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 1,302.69 million compared to TWD 1,295.16 million a year ago. Net income was TWD 49 million compared to TWD 38.7 million a year ago. Basic earnings per share from continuing operations was TWD 0.26 compared to TWD 0.21 a year ago. Diluted earnings per share from continuing operations was TWD 0.26 compared to TWD 0.21 a year ago.
For the nine months, sales was TWD 3,976.58 million compared to TWD 3,749.81 million a year ago. Net income was TWD 177.55 million compared to TWD 131.97 million a year ago. Basic earnings per share from continuing operations was TWD 0.95 compared to TWD 0.7 a year ago. Diluted earnings per share from continuing operations was TWD 0.95 compared to TWD 0.7 a year ago.
TAIWAN FRUCTOSE CO., LTD. is a Taiwan-based company principally engaged in the production, processing and sales of fructose and maltose. The Companyâs primary products include fructose, maltose, oligosaccharide, maltodextrin, sorbierite, crystalline dextrose and starch. The Company's products are mainly used for the production of beverage, dairy products, ice-cream, desserts, baking food and soy sauce. The Company mainly distributes its products in Taiwan market.