Nien Hsing Textile Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 2,467.46 million compared to TWD 1,853.84 million a year ago. Revenue was TWD 2,470.17 million compared to TWD 1,854.68 million a year ago. Net income was TWD 168.98 million compared to TWD 10.15 million a year ago. Basic earnings per share from continuing operations was TWD 0.85 compared to TWD 0.05 a year ago. Diluted earnings per share from continuing operations was TWD 0.85 compared to TWD 0.05 a year ago.
For the six months, sales was TWD 4,436.44 million compared to TWD 3,590.97 million a year ago. Revenue was TWD 4,442.78 million compared to TWD 3,592.41 million a year ago. Net income was TWD 354.67 million compared to TWD 76.3 million a year ago. Basic earnings per share from continuing operations was TWD 1.79 compared to TWD 0.39 a year ago. Diluted earnings per share from continuing operations was TWD 1.78 compared to TWD 0.39 a year ago.