Value Valves Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 07:46 pm EST
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Value Valves 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 681.04 million compared to TWD 658.26 million a year ago. Net income was TWD 94.52 million compared to TWD 91.09 million a year ago. Basic earnings per share from continuing operations was TWD 2.19 compared to TWD 2.33 a year ago. Diluted earnings per share from continuing operations was TWD 2.08 compared to TWD 2.33 a year ago.
For the nine months, sales was TWD 2,003.27 million compared to TWD 1,791.34 million a year ago. Net income was TWD 285.53 million compared to TWD 246.32 million a year ago. Basic earnings per share from continuing operations was TWD 6.84 compared to TWD 6.29 a year ago. Diluted earnings per share from continuing operations was TWD 6.71 compared to TWD 6.29 a year ago.
Value Valves Co., Ltd. is a Taiwan-based company mainly engaged in development, design, manufacture and sale of industrial valves. The valve products include butterfly valves, ball valves and control valves. The products are widely used in petroleum, petrochemical, steel, shipbuilding, energy, water treatment, paper, air conditioning and electronics industries. The Company distributes its products within the domestic market and to overseas markets, including Asia, Europe, the Americas and Africa.