Pwr Holdings Limited Reports Earnings Results for the Full Year Ended June 30, 2021
August 19, 2021 at 05:25 am EDT
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PWR Holdings Limited announced earnings results for the full year ended June 30, 2021. For the full year, the company announced sales was AUD 79.208 million compared to AUD 65.731 million a year ago. Net income was AUD 16.797 million compared to AUD 13.049 million a year ago. Basic earnings per share from continuing operations was AUD 0.1677 compared to AUD 0.1304 a year ago.
PWR Holdings Limited is a global designer, manufacturer and supplier of technically advanced high performance cooling solutions, investing in research and development to provide solutions to its customers using advanced cooling technology. The Company and its subsidiaries are involved in the design, engineering, production, testing, validation and sales of customized cooling products and solutions to the motorsports, automotive original equipment manufacturing (OEM), automotive aftermarket, Aerospace and defense, and industrial industries for domestic and international markets. It operates through two segments: PWR Performance Products and PWR C&R. The PWR Performance Products segment comprises its Australian and European operations. The PWR C&R segment comprises its United States operations. The Company has manufacturing and distribution facilities in Australia and the United States and distribution facilities in the United Kingdom, from which its European customers are serviced.