Group Up Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 06:35 pm
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Group Up Industrial 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 601.97 million compared to TWD 638.35 million a year ago. Net income was TWD 219.23 million compared to TWD 147.87 million a year ago. Basic earnings per share from continuing operations was TWD 3.96 compared to TWD 2.69 a year ago. Diluted earnings per share from continuing operations was TWD 3.67 compared to TWD 2.61 a year ago.
For the six months, sales was TWD 1,171.23 million compared to TWD 1,144.8 million a year ago. Net income was TWD 357.7 million compared to TWD 289.24 million a year ago. Basic earnings per share from continuing operations was TWD 6.47 compared to TWD 5.26 a year ago. Diluted earnings per share from continuing operations was TWD 5.98 compared to TWD 5.17 a year ago.
Group Up Industrial Co., LTD is a Taiwan-based company mainly engaged in the design, manufacturing, assembly, sales and after-sales service of electronic and semiconductor production mechanical equipment. The company's main products include automatic hot air conveyors, infrared hot air conveyors, hot air ovens, vacuum ovens, ultraviolet dryers and others. The company's products are mainly used in displays, printed circuit boards, touch panels, semiconductors, light emitting diode (LED) lighting, solar energy, energy components and passive components and other industries. The company distributes its products in Taiwan, mainland China, Japan, Korea, the United States, Brazil, Germany, Israel, Austria, Singapore, Malaysia, Vietnam, Thailand, the Philippines and India.
GROUP UP INDUSTRIAL CO., LTD. 
