Tycoons Group Enterprise Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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Tycoons Group Enterprise Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 2,260.6 million compared to TWD 2,406.42 million a year ago. Net loss was TWD 79.61 million compared to net income of TWD 111.96 million a year ago. Basic loss per share from continuing operations was TWD 0.2419 compared to basic earnings per share from continuing operations of TWD 0.3273 a year ago. Basic loss per share was TWD 0.2419 compared to basic earnings per share of TWD 0.3273 a year ago.
For the nine months, sales was TWD 7,452.16 million compared to TWD 8,668.63 million a year ago. Net loss was TWD 81.09 million compared to net income of TWD 452.13 million a year ago. Basic loss per share from continuing operations was TWD 0.2419 compared to basic earnings per share from continuing operations of TWD 1.3375 a year ago. Basic loss per share was TWD 0.2419 compared to basic earnings per share of TWD 1.3375 a year ago.
TYCOONS GROUP ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of wire rods and screws. The Company provides wire rod products, including rolled steel for general structure, wire rods for core wire of covered electrode, low carbon steel wire rods and high carbon steel wire rods; screw products, including drywall screws, tapping screws, self-drilling screws, chipboard screws, wood screws, mechanical screws and particle board screws, as well as rebar and others. Its products are applied primarily in the manufacture of hand tools, steel wires, steel cables, machines, electronic products, transportation devices, industrial products and others. The Company distributes its products within domestic market and to overseas markets.
TYCOONS GROUP ENTERPRISE CO.,LTD. 
