Tycoons Group Enterprise Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 10:04 pm
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Tycoons Group Enterprise Co.,Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 3,292.853 million compared to TWD 2,165.318 million a year ago. Operating income was TWD 277.267 million compared to TWD 36.523 million a year ago. Net income was TWD 149.514 million compared to net loss of TWD 68.938 million a year ago. Basic earnings per share was TWD 0.31 compared to basic loss per share of TWD 0.14 a year ago. For the half year, sales was TWD 6,262.217 million compared to TWD 4,304.647 million a year ago. Operating income was TWD 651.771 million compared to TWD 19.179 million a year ago. Net income was TWD 340.170 million compared to net loss of TWD 162.872 million a year ago. Basic earnings per share was TWD 0.71 compared to basic loss per share of TWD 0.34 a year ago.
TYCOONS GROUP ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of wire rods and screws. The Company provides wire rod products, including rolled steel for general structure, wire rods for core wire of covered electrode, low carbon steel wire rods and high carbon steel wire rods; screw products, including drywall screws, tapping screws, self-drilling screws, chipboard screws, wood screws, mechanical screws and particle board screws, as well as rebar and others. Its products are applied primarily in the manufacture of hand tools, steel wires, steel cables, machines, electronic products, transportation devices, industrial products and others. The Company distributes its products within domestic market and to overseas markets.
TYCOONS GROUP ENTERPRISE CO.,LTD. 
