Namchow Holdings Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 07:38 pm EDT
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Namchow Holdings Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 4,926.650 million compared to TWD 4,266.685 million a year ago. Operating income was TWD 490.281 million compared to TWD 411.586 million a year ago. Net income was TWD 259.435 million compared to TWD 230.824 million a year ago. Basic earnings per share from continuing operations was TWD 1.05 compared to TWD 0.93 a year ago. For the half year, sales was TWD 9,586.941 million compared to TWD 7,882.781 million a year ago. Operating income was TWD 944.456 million compared to TWD 559.790 million a year ago. Net income was TWD 539.535 million compared to TWD 306.529 million a year ago. Basic earnings per share from continuing operations was TWD 2.17 compared to TWD 1.24 a year ago.
Namchow Holdings Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of bakery products. The main products include bakery products such as baking grease and frozen dough, lotion products such as crystal soap series, personal cleansing series, dishes and vegetables washing series products, flour foods such as frozen cooked noodles and instant noodles, ice products such as ice creams and popsicles, rice foods such as normal temperature rice, rice crackers and other snack foods. The Company is also involved in the catering business. The Company operates within the domestic market and to overseas markets.