Chuwa Wool Industry Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 03:20 pm EDT
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Chuwa Wool Industry Co., (Taiwan) Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 4.27 million compared to TWD 19.09 million a year ago. Net income was TWD 20.79 million compared to net loss of TWD 3.89 million a year ago. Basic earnings per share from continuing operations was TWD 0.23 compared to basic loss per share from continuing operations of TWD 0.04 a year ago. Diluted earnings per share from continuing operations was TWD 0.23 compared to diluted loss per share from continuing operations of TWD 0.04 a year ago. Basic earnings per share was TWD 0.23 compared to basic loss per share of TWD 0.04 a year ago. Diluted earnings per share was TWD 0.23 compared to diluted loss per share of TWD 0.04 a year ago.
For the six months, sales was TWD 16.23 million compared to TWD 41.61 million a year ago. Net income was TWD 49.46 million compared to TWD 26.23 million a year ago. Basic earnings per share from continuing operations was TWD 0.54 compared to TWD 0.29 a year ago. Diluted earnings per share from continuing operations was TWD 0.54 compared to TWD 0.29 a year ago. Basic earnings per share was TWD 0.54 compared to TWD 0.29 a year ago. Diluted earnings per share was TWD 0.54 compared to TWD 0.29 a year ago.
Ascent Development Co Ltd is a Taiwan-based company mainly engaged in the construction and leasing of industrial plants and residences. The main products are plant office buildings. The Company is also engaged in the sale of tops and preshrunk tops. The Company distributes its products in Taipei City, New Taipei City, Tainan City and Kaohsiung City.