Value Valves Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
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Value Valves Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 623.042 million compared to TWD 639.326 million a year ago. Operating income was TWD 126.817 million compared to TWD 127.778 million a year ago. Net income was TWD 86.877 million compared to TWD 84.914 million a year ago. Basic earnings per share was TWD 2.22 compared to TWD 2.17 a year ago. For the half year, sales was TWD 1,133.077 million compared to TWD 1,217.778 million a year ago. Operating income was TWD 218.138 million compared to TWD 239.486 million a year ago. Net income was TWD 155.230 million compared to TWD 165.458 million a year ago. Basic earnings per share was TWD 3.97 compared to TWD 4.23 a year ago. Diluted earnings per share was TWD 3.96 compared to TWD 4.23 a year ago.
Value Valves Co., Ltd. is a Taiwan-based company mainly engaged in development, design, manufacture and sale of industrial valves. The valve products include butterfly valves, ball valves and control valves. The products are widely used in petroleum, petrochemical, steel, shipbuilding, energy, water treatment, paper, air conditioning and electronics industries. The Company distributes its products within the domestic market and to overseas markets, including Asia, Europe, the Americas and Africa.