Taiwan Chinsan Electronic Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 03:40 am EDT
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Taiwan Chinsan Electronic Industrial 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 911.59 million compared to TWD 1,055.3 million a year ago. Net income was TWD 53.05 million compared to TWD 39.5 million a year ago. Basic earnings per share from continuing operations was TWD 0.41 compared to TWD 0.301 a year ago. Diluted earnings per share from continuing operations was TWD 0.41 compared to TWD 0.301 a year ago.
For the six months, sales was TWD 1,938.76 million compared to TWD 2,035.24 million a year ago. Net income was TWD 124.92 million compared to TWD 46.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.96 compared to TWD 0.36 a year ago. Diluted earnings per share from continuing operations was TWD 0.93 compared to TWD 0.36 a year ago.
TAIWAN CHINSAN ELECTRONIC INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and sales of capacitors for aluminum electrolytic capacitors and solid electrolytic capacitors. The Company is mainly engaged in the provision of aluminum electrolytic capacitors, including standard products, mini-size products, large-size products, low impedance products, specialty products and solid capacitors. The Companyâs products are primarily applied in the manufacture of personal computers (PCs), notebook computers, television (TV) sets, office machines, household electrical appliances, communication products, power converters, lightening systems, electric power devices, air-conditioning systems, transmission belts, elevators, textile machines, welding machines and others.