Value Valves Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 11:48 am EDT
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Value Valves Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 510.035 million compared to TWD 578.452 million a year ago. Operating income was TWD 91.321 million compared to TWD 111.708 million a year ago. Net income was TWD 68.353 million compared to TWD 80.544 million a year ago. Basic earnings per share was TWD 1.75 compared to TWD 2.06 a year ago. Diluted earnings per share was TWD 1.74 compared to TWD 2.06 a year ago.
Value Valves Co., Ltd. is a Taiwan-based company mainly engaged in development, design, manufacture and sale of industrial valves. The valve products include butterfly valves, ball valves and control valves. The products are widely used in petroleum, petrochemical, steel, shipbuilding, energy, water treatment, paper, air conditioning and electronics industries. The Company distributes its products within the domestic market and to overseas markets, including Asia, Europe, the Americas and Africa.