Y.C.C. Parts Mfg. Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 02:42 am EDT
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Y.C.C. Parts Mfg. 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 493.64 million compared to TWD 464.73 million a year ago. Net income was TWD 141 million compared to net loss of TWD 3.73 million a year ago. Basic earnings per share from continuing operations was TWD 1.9 compared to basic loss per share from continuing operations of TWD 0.05 a year ago. Diluted earnings per share from continuing operations was TWD 1.9 compared to diluted loss per share from continuing operations of TWD 0.05 a year ago.
For the six months, sales was TWD 1,005.23 million compared to TWD 981.37 million a year ago. Net income was TWD 254.92 million compared to TWD 54.1 million a year ago. Basic earnings per share from continuing operations was TWD 3.44 compared to TWD 0.73 a year ago. Diluted earnings per share from continuing operations was TWD 3.43 compared to TWD 0.73 a year ago.
Y.C.C. PARTS MFG. CO., LTD. is a Taiwan-based auto parts company. The Company is principally engaged in the original equipment manufacturer (OEM) manufacture and sales of automotive parts. The Company's main products include automotive parts and other parts. The Company is also involved in the surface treatment business and the industrial plastics manufacturing business. The Company distributes its products in domestic market and to overseas markets, including the Americas, the rest of Asia and others.