Froch Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 03, 2022 at 05:46 pm EDT
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Froch Enterprise 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 4,468.7 million compared to TWD 3,754.87 million a year ago. Net income was TWD 362.4 million compared to TWD 277.98 million a year ago. Basic earnings per share was TWD 1.29 compared to TWD 0.99 a year ago. Diluted earnings per share was TWD 1.29 compared to TWD 0.99 a year ago.
For the six months, sales was TWD 8,914.78 million compared to TWD 6,733.89 million a year ago. Net income was TWD 711.75 million compared to TWD 402.9 million a year ago. Basic earnings per share was TWD 2.54 compared to TWD 1.44 a year ago. Diluted earnings per share was TWD 2.53 compared to TWD 1.44 a year ago.
Froch Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and trading of stainless steel pipes, steel pipes, copper pipes, aluminum pipes and related products. The Company mainly provides stainless steel pipes, stainless steel coils and carbon steels. The Company distributes its products within Taiwan market and to Europe, the rest of Asia and North America markets.