China Metal Products Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
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China Metal Products Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 3,308.803 million compared to TWD 2,341.945 million a year ago. Operating income was TWD 167.537 million compared to TWD 159.754 million a year ago. Net income was TWD 57.806 million compared to TWD 70.308 million a year ago. Basic earnings per share was TWD 0.15 compared to TWD 0.18 a year ago.
For the half year, sales was TWD 6,918.516 million compared to TWD 4,608.128 million a year ago. Operating income was TWD 492.418 million compared to TWD 172.574 million a year ago. Net income was TWD 231.315 million compared to TWD 12.802 million a year ago. Basic earnings per share was TWD 0.62 compared to TWD 0.03 a year ago. Diluted earnings per share was TWD 0.61 compared to TWD 0.03 a year ago.
CHINA METAL PRODUCTS CO., LTD. is a Taiwan-based company principally engaged in the manufacturing and distribution of cast iron products. The Companyâs main products include reinforced steel bars, steel billets and iron castings, which are applied in the steel material processing and smelting, automobile spare parts, construction hardware components, mechanical and hand tool parts, as well as transmission system parts, among others. The Company also involves in the operation of department stores, hotels and amusement parks, as well as the construction, sale and leasing of real estate. The Company mainly distributes its metal products within domestic market and to overseas markets, including Mainland China, America, Japan, Europe and others.