San Neng Group Holdings Co., LTD. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 29, 2023
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San Neng Group Holdings Co., LTD. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 518.3 million compared to TWD 485.83 million a year ago. Net income was TWD 54.3 million compared to TWD 38.18 million a year ago. Basic earnings per share from continuing operations was TWD 0.89 compared to TWD 0.63 a year ago. Diluted earnings per share from continuing operations was TWD 0.89 compared to TWD 0.63 a year ago.
For the six months, sales was TWD 915.52 million compared to TWD 912.8 million a year ago. Net income was TWD 85.49 million compared to TWD 62.02 million a year ago. Basic earnings per share from continuing operations was TWD 1.41 compared to TWD 1.02 a year ago. Diluted earnings per share from continuing operations was TWD 1.4 compared to TWD 1.02 a year ago.
San Neng Group Holdings Co., Ltd. is a Cayman Islands-based company, which is engaged in the manufacturing, processing, sales, trading and agency of baking utensils and related products. The company's products are divided into five categories including custom categories, baking molds, baking tools, household equipment and other category. Its customized products refer to products manufactured for customers according to their special needs, specified specifications and styles of baking equipment. Baking molds are mainly utensils that enters the baking equipment, including various types of baking trays, toast boxes, cake molds, pie plates, mousse rings and others. Its baking equipment comprises peripheral products used in baking in addition to molds, including egg whisks, mixing bowls, pastry tubes, pastry bags, revolving cake stands, knives, trolleys, material impressions, and price tag products. Household appliances are designed and developed for household users.
SAN NENG GROUP HOLDINGS CO., LTD. 
