Zhen Yu Hardware Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Zhen Yu Hardware Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 455.49 million compared to TWD 400.04 million a year ago. Net income was TWD 31.43 million compared to TWD 22.33 million a year ago. Basic earnings per share from continuing operations was TWD 1.82 compared to TWD 1.34 a year ago. Diluted earnings per share from continuing operations was TWD 1.82 compared to TWD 1.33 a year ago.
For the nine months, sales was TWD 1,292.06 million compared to TWD 1,178.73 million a year ago. Net income was TWD 91.38 million compared to TWD 77.84 million a year ago. Basic earnings per share from continuing operations was TWD 5.29 compared to TWD 4.78 a year ago. Diluted earnings per share from continuing operations was TWD 5.28 compared to TWD 4.77 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.