Drewloong Precision, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 09, 2022
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Drewloong Precision, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 120.93 million compared to TWD 73.37 million a year ago. Net income was TWD 37.17 million compared to TWD 5.62 million a year ago. Basic earnings per share from continuing operations was TWD 1.04 compared to TWD 0.16 a year ago. Diluted earnings per share from continuing operations was TWD 1.04 compared to TWD 0.16 a year ago.
Drewloong Precision, Inc. is a Taiwan-based company principally engaged in the research, development, production and sale of large aircraft fuselage structure components, large aircraft engine structure components and special mold fixtures. The Companyâs main products include: aircraft fuselage structural components, which are used to assemble Boeing 737, Boeing 747, Boeing 767, Boeing 777 and Boeing 787 aircraft fuselage; aircraft engine components, which are used to assemble aircraft engines including LEAP A and LEAP B; aircraft landing gear components for A350 take-off and landing gear; as well as other special mold fixtures. The Company's sales customers are aircraft manufacturers.