Value Valves Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 08:46 pm
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Value Valves Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 703.05 million compared to TWD 623.04 million a year ago. Net income was TWD 102.01 million compared to TWD 86.88 million a year ago. Basic earnings per share from continuing operations was TWD 2.38 compared to TWD 2.22 a year ago. Diluted earnings per share from continuing operations was TWD 2.38 compared to TWD 2.22 a year ago.
For the six months, sales was TWD 1,322.24 million compared to TWD 1,133.08 million a year ago. Net income was TWD 191.01 million compared to TWD 155.23 million a year ago. Basic earnings per share from continuing operations was TWD 4.66 compared to TWD 3.97 a year ago. Diluted earnings per share from continuing operations was TWD 4.65 compared to TWD 3.96 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.