Taiwan Fu Hsing Industrial Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 05, 2022 at 06:47 pm EDT
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Taiwan Fu Hsing 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 2,478.77 million compared to TWD 2,604.09 million a year ago. Net income was TWD 281.38 million compared to TWD 135.31 million a year ago. Basic earnings per share from continuing operations was TWD 1.49 compared to TWD 0.72 a year ago. Diluted earnings per share from continuing operations was TWD 1.48 compared to TWD 0.71 a year ago.
For the six months, sales was TWD 4,679.52 million compared to TWD 4,774.77 million a year ago. Net income was TWD 399.85 million compared to TWD 300.55 million a year ago. Basic earnings per share from continuing operations was TWD 2.12 compared to TWD 1.59 a year ago. Diluted earnings per share from continuing operations was TWD 2.09 compared to TWD 1.57 a year ago.
TAIWAN FU HSING INDUSTRIAL CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and distribution of door related metal products. The Company's products consist of commercial door locks, residential door locks, electronic door locks, lock cases, door closers, handle sets, floor springs and other accessories. The Company distributes its products in domestic market and to overseas markets, including North America, Europe, Australia, Asia, Central and South America and others.