Yeong Guan Energy Technology Group Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 25, 2023 at 03:41 am EDT
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Yeong Guan Energy Technology Group Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 2,342.41 million compared to TWD 2,330.42 million a year ago. Net income was TWD 81.18 million compared to net loss of TWD 89.98 million a year ago. Basic earnings per share from continuing operations was TWD 0.73 compared to basic loss per share from continuing operations of TWD 0.81 a year ago. Diluted earnings per share from continuing operations was TWD 0.6 compared to diluted loss per share from continuing operations of TWD 0.81 a year ago.
For the six months, sales was TWD 4,560.08 million compared to TWD 4,143.52 million a year ago. Net income was TWD 150.26 million compared to net loss of TWD 283.6 million a year ago. Basic earnings per share from continuing operations was TWD 1.35 compared to basic loss per share from continuing operations of TWD 2.56 a year ago. Diluted earnings per share from continuing operations was TWD 0.94 compared to diluted loss per share from continuing operations of TWD 2.56 a year ago.
Yeong Guan Energy Technology Group Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of spherical graphite cast iron and grey cast iron. The Company's main products include energy castings, injection molding machine castings and other castings. The Company's products are mainly used in wind power generation, thermal power generation, injection molding machines, power tools and other machinery. The Company distributes its products in domestic market and to overseas markets, such as Europe, mainland China, the Americas and the rest areas of Asia.
YEONG GUAN ENERGY TECHNOLOGY GROUP CO., LTD. 
