Tachia Yung Ho Machine Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021
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Tachia Yung Ho Machine Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 396.880 million compared to TWD 251.559 million a year ago. Operating income was TWD 57.960 million compared to TWD 24.153 million a year ago. Net income was TWD 40.474 million compared to TWD 16.881 million a year ago. Basic earnings per share was TWD 0.96 compared to TWD 0.4 a year ago. Diluted earnings per share was TWD 0.95 compared to TWD 0.4 a year ago. For the half year, total revenue was TWD 654.814 million compared to TWD 509.252 million a year ago. Operating income was TWD 86.269 million compared to TWD 45.545 million a year ago. Net income was TWD 57.467 million compared to TWD 31.939 million a year ago. Basic earnings per share was TWD 1.36 compared to TWD 0.75 a year ago. Diluted earnings per share was TWD 1.35 compared to TWD 0.75 a year ago.
Ta Chia Yung Ho Machine Industry Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of clean-grade pipe fittings and stainless steel welded pipe fittings. Stainless steel welded pipe fittings include elbows, tees, reducers, caps, SU fittings, and lap joint stub-ends. Clean-grade pipe fittings include pipes, fittings (including elbows, tees, reducers, caps), micro-joint components (including vacuum coupling radius (VCR), micro fitting, Lok type fitting, CGA fitting), and valves. The Company also provides food-grade products and feed processing products, testing engineering, valves, meters, gauges, filters, equipment, valve shutters, domestic pipe sales, foreign pipe import agents, pipe sales in Japan, gas sales, clean room vacuum cleaners, and industrial vacuum cleaners. The products are mainly sold domestically and exported to Asia, America, and Europe.