Chun Yu Works & Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:22 pm EDT
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Chun Yu Works & Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,838.576 million compared to TWD 2,329.414 million a year ago. Operating income was TWD 54.524 million compared to TWD 134.273 million a year ago. Net income was TWD 87.045 million compared to TWD 71.556 million a year ago. Basic earnings per share was TWD 0.33 compared to TWD 0.27 a year ago. For the half year, sales was TWD 3,775.268 million compared to TWD 4,623.246 million a year ago. Operating income was TWD 165.594 million compared to TWD 288.368 million a year ago. Net income was TWD 88.690 million compared to TWD 210.997 million a year ago. Basic earnings per share was TWD 0.34 compared to TWD 0.8 a year ago.
CHUN YU WORKS & CO., LTD. is a Taiwan-based company principally engaged in the manufacture and trading of screws, screw caps and wire materials. The Companyâs products include spheroidized wires, polished wire rods, hexagonal screws, high-tension screws, screw bolts and screw caps for control torques, shear nails, screw caps for building construction, anchor bolts, carriage screws, hexagonal socket screws, socket fixed screws, nylon screw caps, stainless steel screw caps, tapping screws, chipboard screws, self drilling screws and stainless steel tapping screws, among others. The Company also provides the design and undertaking services of pollution prevention and sewage treatment equipment. The Company is also engaged in investment businesses and the manufacture and trading of machineries through its subsidiaries.
CHUN YU WORKS & CO., LTD. 
