TURVO International Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022
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TURVO International Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 899.13 million compared to TWD 787.08 million a year ago. Revenue was TWD 899.13 million compared to TWD 787.08 million a year ago. Net income was TWD 180.88 million compared to TWD 128.91 million a year ago. Basic earnings per share from continuing operations was TWD 3 compared to TWD 2.14 a year ago. Diluted earnings per share from continuing operations was TWD 2.99 compared to TWD 2.14 a year ago.
TURVO International Co., Ltd. is a Taiwan-based company principally engaged in the processing, manufacturing and trading of precision metal components. The Company mainly provides precision metal components, which are applied in the manufacturing automotive engine systems, automotive transmission systems, automotive chassis systems, medical equipment, industrial communication and aerospace connectors and optical products, among others. The Company distributes its products within domestic market, and to overseas markets, including the rest of Asia, the Americas and Europe.