Taiwan Hon Chuan Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023
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Taiwan Hon Chuan Enterprise 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 7,370.69 million compared to TWD 7,165.24 million a year ago. Revenue was TWD 7,370.69 million compared to TWD 7,165.24 million a year ago. Net income was TWD 855.04 million compared to TWD 740.67 million a year ago. Basic earnings per share from continuing operations was TWD 2.97 compared to TWD 2.57 a year ago. Diluted earnings per share from continuing operations was TWD 2.97 compared to TWD 2.57 a year ago.
For the nine months, sales was TWD 20,655.96 million compared to TWD 19,353.83 million a year ago. Revenue was TWD 20,655.96 million compared to TWD 19,353.83 million a year ago. Net income was TWD 2,093.18 million compared to TWD 1,990.55 million a year ago. Basic earnings per share from continuing operations was TWD 7.27 compared to TWD 6.92 a year ago. Diluted earnings per share from continuing operations was TWD 7.26 compared to TWD 6.91 a year ago.
Taiwan Hon Chuan Enterprise Co Ltd is a Taiwan-based company principally engaged in the manufacture and sale of packaging materials for beverage industry. The main products include bottle cap products such as aluminum, plastic and lug bottle caps, as well as labels, polyethylene terephthalate (PET) bottles, mineral water bottles, sterile bottles, filter heads, filter paper products and heat shrinkable packaging films. The Company is also engaged in the beverage filling business and the original equipment manufacturer business. The Company operates within the domestic market and to overseas markets.