CHANG TYPE Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 03:57 pm EDT
Share
CHANG TYPE Industrial Co., 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 1,018.15 million compared to TWD 1,406.6 million a year ago. Net income was TWD 105.07 million compared to TWD 10.83 million a year ago. Basic earnings per share from continuing operations was TWD 1.33 compared to TWD 0.14 a year ago. Diluted earnings per share from continuing operations was TWD 1.33 compared to TWD 0.14 a year ago.
For the six months, sales was TWD 2,604.39 million compared to TWD 2,685.98 million a year ago. Net income was TWD 278.26 million compared to TWD 92.2 million a year ago. Basic earnings per share from continuing operations was TWD 3.53 compared to TWD 1.17 a year ago. Diluted earnings per share from continuing operations was TWD 3.53 compared to TWD 1.17 a year ago.
Chang Type Industrial Co.,Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of power tools. The Company's main products include hand tools, computer machinery, motors, power tools, automatic control systems, electrical testing equipment, woodworking machinery and hardware components. The Company distributes its products mainly to overseas markets.