Allied Industrial Corp., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 03:43 pm EDT
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Allied Industrial Corp., 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 134.95 million compared to TWD 271.65 million a year ago. Net income was TWD 2.76 million compared to TWD 12.62 million a year ago. Basic earnings per share from continuing operations was TWD 0.04 compared to TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 0.04 compared to TWD 0.17 a year ago.
For the six months, sales was TWD 310.09 million compared to TWD 700.96 million a year ago. Net income was TWD 5.13 million compared to TWD 46.62 million a year ago. Basic earnings per share from continuing operations was TWD 0.07 compared to TWD 0.64 a year ago. Diluted earnings per share from continuing operations was TWD 0.07 compared to TWD 0.64 a year ago.
Allied Industrial Corp., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of dyes. The Company mainly provides dyes and food additives. The Companyâs dyes consist of disperse dyes, reactive dyes, acid dyes, basic dyes, dyeing and finishing auxiliaries and others. The Companyâs products are used in the dyeing and printing of fibers and synthetic fibers, such as acetic acid, polyester, nylon, wool, silk and cotton. The Company distributes its products within the domestic market and to overseas markets, including Asia, the Middle East and others.
ALLIED INDUSTRIAL CORP., LTD. 
