Tachia Yung Ho Machine Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021
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Tachia Yung Ho Machine Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 396.880 million compared to TWD 251.559 million a year ago. Operating income was TWD 57.960 million compared to TWD 24.153 million a year ago. Net income was TWD 40.474 million compared to TWD 16.881 million a year ago. Basic earnings per share was TWD 0.96 compared to TWD 0.4 a year ago. Diluted earnings per share was TWD 0.95 compared to TWD 0.4 a year ago. For the half year, total revenue was TWD 654.814 million compared to TWD 509.252 million a year ago. Operating income was TWD 86.269 million compared to TWD 45.545 million a year ago. Net income was TWD 57.467 million compared to TWD 31.939 million a year ago. Basic earnings per share was TWD 1.36 compared to TWD 0.75 a year ago. Diluted earnings per share was TWD 1.35 compared to TWD 0.75 a year ago.
Tachia Yung Ho Machine Industry Co., Ltd. is principally engaged in the manufacture and distribution of stainless steel welded pipe fittings and ultra-clean pipe fittings. The Companyâs stainless steel welded pipe fittings include seamed stainless steel welded pipe fittings and seamless stainless steel welded pipe fittings. The Company is also engaged in the manufacture and distribution of carbon steel butt-welded pipe fittings. Its pipe fittings include elbows, tees, reducers, caps and thin-walled pipes. The Company distributes its products in domestic market and to overseas markets, including Asia, Europe and the Americas, among others.