Y.C.C. Parts Mfg. Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 05:44 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, 2023. For the second quarter, the company reported sales was TWD 485.69 million compared to TWD 493.64 million a year ago. Net income was TWD 122.02 million compared to TWD 141 million a year ago. Basic earnings per share from continuing operations was TWD 1.65 compared to TWD 1.9 a year ago. Diluted earnings per share from continuing operations was TWD 1.64 compared to TWD 1.9 a year ago.
For the six months, sales was TWD 958.3 million compared to TWD 1,005.23 million a year ago. Net income was TWD 186.16 million compared to TWD 254.92 million a year ago. Basic earnings per share from continuing operations was TWD 2.51 compared to TWD 3.44 a year ago. Diluted earnings per share from continuing operations was TWD 2.51 compared to TWD 3.43 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.