JDV Control Valves Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 07:27 am
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JDV Control Valves 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 256.51 million compared to TWD 193.32 million a year ago. Net income was TWD 39.03 million compared to TWD 28.05 million a year ago. Basic earnings per share from continuing operations was TWD 1.17 compared to TWD 0.95 a year ago. Diluted earnings per share from continuing operations was TWD 1.17 compared to TWD 0.95 a year ago.
For the six months, sales was TWD 488.07 million compared to TWD 392.76 million a year ago. Net income was TWD 77.23 million compared to TWD 41.92 million a year ago. Basic earnings per share from continuing operations was TWD 2.32 compared to TWD 1.42 a year ago. Diluted earnings per share from continuing operations was TWD 2.32 compared to TWD 1.41 a year ago.
JDV Control Valves Co Ltd is a Taiwan-based company mainly engaged in the research and development, design, production and sale of valves. The products include ball valves, butterfly valves and V-type valves. Ball valves are used in power plants, steel plants, semiconductor plants and petrochemical plants. Butterfly valves are used in steel plants, semiconductor plants and petrochemical plants. V-type valves are used in papermaking, chemical fiber plants, chemical plants and rubber plants. The value products include ball valves, butterfly valves, gate valves, globe valves, safety valves, pressure reducing valves, plunger valves, diaphragm control valves and others. The products are used in semiconductor, petrochemical, pharmaceutical, steel, natural gas, power plants, paper industry and other industrial fields. The Company distributes its products in domestic and overseas markets. The Company is also engaged in the replacement of spare parts, regular maintenance and repair of valves.