Investing.com - Taiwan Hon Chuan reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Taiwan Hon Chuan announced earnings per share of 2.41 on revenue of 6.58B. Analysts polled by Investing.com EPS of 2.34 on revenue of 6.5B.
Taiwan Hon Chuan 's are down 6% and is trading at 75.30 , still down 7.27% from its 52 week high of 81.20 set on Tuesday, March 29, 2022.
Taiwan Hon Chuan follows other major Materials sector earnings this month
Taiwan Hon Chuan's report follows an earnings missed by China Steel Pref on Wednesday, who reported EPS of 0.65 on revenue of 133.6B, EPS of 0.6589 on revenue of 132.79B.
Formosa Plastics had beat expectations on Wednesday with second quarter EPS of 3.33 on revenue of 73.92B, for EPS of 2.84 on revenue of 71.41B.
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