Inmax Holding Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 05:35 pm EST
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Inmax Holding 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 181.94 million compared to TWD 82.56 million a year ago. Net income was TWD 32.13 million compared to TWD 1.72 million a year ago. Basic earnings per share from continuing operations was TWD 0.94 compared to TWD 0.05 a year ago. Diluted earnings per share from continuing operations was TWD 0.93 compared to TWD 0.05 a year ago.
For the nine months, sales was TWD 563.08 million compared to TWD 468.17 million a year ago. Net income was TWD 73.93 million compared to TWD 43.09 million a year ago. Basic earnings per share from continuing operations was TWD 2.16 compared to TWD 1.26 a year ago. Diluted earnings per share from continuing operations was TWD 2.12 compared to TWD 1.25 a year ago.
INMAX HOLDING CO., LTD. is a holding company engaged in the manufacturing and distribution of pneumatic and furniture nails through its subsidiary. The Company's products include furniture nails, wire collated coil nails, wire collated coil roofing nails, round head plastic collated strip nails and paper strip nails. The Company distributes its products in domestic market and to the overseas markets, including the Americas, Europe and the rest of Asia. As of December 31, 2011, the Company had one wholly owned subsidiary, Inmax Sdn. Bhd.