Taiwan Environment Scientific Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Taiwan Environment Scientific 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 587.23 million compared to TWD 127.64 million a year ago. Net income was TWD 22.19 million compared to net loss of TWD 2.13 million a year ago. Basic earnings per share from continuing operations was TWD 0.2911 compared to basic loss per share from continuing operations of TWD 0.0376 a year ago. Diluted earnings per share from continuing operations was TWD 0.2911 compared to diluted loss per share from continuing operations of TWD 0.0376 a year ago.
For the six months, sales was TWD 1,050.76 million compared to TWD 251.78 million a year ago. Net income was TWD 50.76 million compared to net loss of TWD 5.16 million a year ago. Basic earnings per share from continuing operations was TWD 0.6761 compared to basic loss per share from continuing operations of TWD 0.0845 a year ago. Diluted earnings per share from continuing operations was TWD 0.6761 compared to diluted loss per share from continuing operations of TWD 0.0845 a year ago.
Taiwan Environment Scientific Co., Ltd. is a Taiwan-based company principally engaged in the provision soil and groundwater engineering services. The Company is engaged in the engineering consultants and construction businesses for environmental protection, the earthwork resource recycling treatment business, as well as the provision of environmental testing, sampling and inspection services. The Company provide its services in the fields of soil and groundwater remediation; water, wastewater and sludge treatment, air pollution control, system and outsourcing operation, as well as environmental license application and permitting.