Collins Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021
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Collins Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,978.892 million compared to TWD 1,639.346 million a year ago. Operating income was TWD 68.874 million compared to TWD 53.082 million a year ago. Net income was TWD 7.488 million compared to net loss of TWD 8.867 million a year ago. Basic earnings per share from continuing operations was TWD 0.04 compared to basic loss per share from continuing operations of TWD 0.04 a year ago. For the half year, sales was TWD 3,855.791 million compared to TWD 3,174.931 million a year ago. Operating income was TWD 134.876 million compared to TWD 77.844 million a year ago. Net income was TWD 18.566 million compared to net loss of TWD 26.795 million a year ago. Basic earnings per share from continuing operations was TWD 0.09 compared to basic loss per share from continuing operations of TWD 0.13 a year ago.
Collins Co Ltd is a Taiwan-based company mainly engaged in the export and import of groceries and clothes, and the sale of kidney dialysis medical equipment. The Company operates through four business segments. The Trading segment is engaged in the export of various kinds of groceries and garments, and the import and export of home furnishing flooring. Products are sold to large and medium-sized importers and distributors in the United States, Canada, other Americas, and Europe. The Kidney Dialysis segment is engaged in the purchase and sale of hemodialysis related consumables and sells them to hospitals, clinics and distributors. Fashion Life segment is engaged in the exclusive sales agency business of Hong Kong brand G2000, Korean brand Chatelaine, as well as the distribution business of casual wear. Other segment is engaged in the investment business and the sales of dental products and others.