Zhen Yu Hardware Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 03:09 am EST
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Zhen Yu Hardware Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 473.94 million compared to TWD 455.49 million a year ago. Net income was TWD 14.67 million compared to TWD 31.43 million a year ago. Basic earnings per share from continuing operations was TWD 0.76 compared to TWD 1.82 a year ago. Diluted earnings per share from continuing operations was TWD 0.76 compared to TWD 1.82 a year ago.
For the nine months, sales was TWD 1,371.11 million compared to TWD 1,292.06 million a year ago. Net income was TWD 60.3 million compared to TWD 91.38 million a year ago. Basic earnings per share from continuing operations was TWD 3.13 compared to TWD 5.29 a year ago. Diluted earnings per share from continuing operations was TWD 3.13 compared to TWD 5.28 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.