Taiwan Chelic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 03:28 pm EDT
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TAIWAN CHELIC Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 458.779 million compared to TWD 354.347 million a year ago. Operating income was TWD 60.060 million compared to TWD 24.306 million a year ago. Net income was TWD 47.263 million compared to TWD 10.848 million a year ago. Basic earnings per share was TWD 0.71 compared to TWD 0.16 a year ago. For the half year, sales was TWD 751.936 million compared to TWD 693.766 million a year ago. Operating income was TWD 70.422 million compared to TWD 37.623 million a year ago. Net income was TWD 63.221 million compared to TWD 25.331 million a year ago. Basic earnings per share was TWD 0.95 compared to TWD 0.38 a year ago. Diluted earnings per share was TWD 0.94 compared to TWD 0.38 a year ago.
Taiwan Chelic Co Ltd is a Taiwan-based company principally engaged in the manufacture and sales of pneumatic control components, pneumatically actuated originals, air source processing components and pneumatic auxiliary components. The Company's main products include cylinders, mechanical clamps, valve components, connectors and vacuum-type auxiliary components, as well as air source processing components. The Company distributes its products in domestic market and to overseas markets.