Collins Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Collins Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 2,668.53 million compared to TWD 1,978.89 million a year ago. Net income was TWD 28.39 million compared to TWD 7.49 million a year ago. Basic earnings per share from continuing operations was TWD 0.14 compared to TWD 0.04 a year ago. Diluted earnings per share from continuing operations was TWD 0.14 compared to TWD 0.04 a year ago.
For the six months, sales was TWD 4,752.17 million compared to TWD 3,855.79 million a year ago. Net income was TWD 65.15 million compared to TWD 18.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to TWD 0.09 a year ago. Diluted earnings per share from continuing operations was TWD 0.31 compared to TWD 0.09 a year ago.
Collins Co Ltd is a Taiwan-based company mainly engaged in the export and import of groceries and clothes, and the sale of kidney dialysis medical equipment. The Company operates through four business segments. The Trading segment is engaged in the export of various kinds of groceries and garments, and the import and export of home furnishing flooring. Products are sold to large and medium-sized importers and distributors in the United States, Canada, other Americas, and Europe. The Kidney Dialysis segment is engaged in the purchase and sale of hemodialysis related consumables and sells them to hospitals, clinics and distributors. Fashion Life segment is engaged in the exclusive sales agency business of Hong Kong brand G2000, Korean brand Chatelaine, as well as the distribution business of casual wear. Other segment is engaged in the investment business and the sales of dental products and others.