United Recommend International Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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United Recommend International 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 792.27 million compared to TWD 695.35 million a year ago. Net income was TWD 46.87 million compared to TWD 19.89 million a year ago. Basic earnings per share from continuing operations was TWD 1.1652 compared to TWD 0.4957 a year ago.
For the six months, sales was TWD 1,523.02 million compared to TWD 1,325.4 million a year ago. Net income was TWD 88.53 million compared to TWD 39.11 million a year ago. Basic earnings per share from continuing operations was TWD 2.2 compared to TWD 0.9739 a year ago.
United Recommend International Co Ltd is a Taiwan-based company mainly engaged in the e-commerce and electronic manufacturing business. The Company is mainly engaged in the wholesale and retail of fabrics, clothing, shoes, hats, umbrellas and apparel, as well as the operation of non-store retail business. The main e-commerce brands include YuYu Active, Mouggan, WEAR to EAT, Chenn Chenn and An'Q. The Company is also engaged in the design, development, manufacture, processing and trading of printed circuit boards. The main products are flexible printed circuit boards. The Company distributes its products principally in Taiwan and other Asia markets.