Fwusow Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 01:52 am EST
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Fwusow Industry 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 4,070.04 million compared to TWD 4,161.68 million a year ago. Net income was TWD 94.64 million compared to net loss of TWD 31.93 million a year ago. Basic earnings per share from continuing operations was TWD 0.2816 compared to basic loss per share from continuing operations of TWD 0.0943 a year ago.
For the nine months, sales was TWD 12,380.97 million compared to TWD 12,650.05 million a year ago. Net income was TWD 232.56 million compared to TWD 304.71 million a year ago. Basic earnings per share from continuing operations was TWD 0.6796 compared to TWD 0.8932 a year ago.
FWUSOW INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of feedstuff, oil and fat products and other foods and fertilizers. The Companyâs products include mixed feedstuff, pet foods, edible oil, soybean powder, cereal products and organic fertilizers. It mixed feedstuff products include feedstuff for pigs, chicken and aquatic livestock, among others. Its edible oil products include salad oil, sunflower oil, sesame oil and olive oil, among others. Its cereal food products mainly include instant breakfast cereal foods. The Company is also engaged in importing and exporting businesses and the importing and sales of bulk cereals. The Company mainly operates businesses in domestic market.