Zhen Yu Hardware Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Zhen Yu Hardware 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 478.09 million compared to TWD 461.21 million a year ago. Net income was TWD 8.14 million compared to TWD 20.2 million a year ago. Basic earnings per share from continuing operations was TWD 0.42 compared to TWD 1.05 a year ago. Diluted earnings per share from continuing operations was TWD 0.42 compared to TWD 1.05 a year ago.
For the six months, sales was TWD 941.99 million compared to TWD 897.17 million a year ago. Net income was TWD 20.47 million compared to TWD 45.63 million a year ago. Basic earnings per share from continuing operations was TWD 1.06 compared to TWD 2.37 a year ago. Diluted earnings per share from continuing operations was TWD 1.06 compared to TWD 2.37 a year ago.
Zhen Yu Hardware Co Ltd is mainly engaged in the operation of professional hardware stores. The Company operates online and physical hardware products sales business, providing customers with professional hardware tools and consulting service. The Company provides construction and civil engineering, hydroelectric paint, various tools and household goods. Construction and civil engineering goods include Ding Shuang, steel nails, iron nails, door bows, take hands, door locks, meter rulers and others. Hydroelectric paint products include faucets, tapes, tubes, bulbs, lamps, flashlights, switches, screwdrivers, cement paint and others. The various tools include wrenches, sockets, pliers, sandpaper, grinding wheel blades, files, ball wheels, drill bits, wire, rechargeable drills, stone machines, pneumatic screwdrivers, chainsaw machines and others. Household goods include saw sickles, water spray bottles, flower scissors, transplant trowels, detergents, oil drums and others.