Well Shin Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022
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Well Shin Technology 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 1,553.13 million compared to TWD 1,351.68 million a year ago. Net income was TWD 182.56 million compared to TWD 97.9 million a year ago. Basic earnings per share from continuing operations was TWD 1.54 compared to TWD 0.83 a year ago. Diluted earnings per share from continuing operations was TWD 1.54 compared to TWD 0.83 a year ago. Basic earnings per share was TWD 1.54 compared to TWD 0.83 a year ago. Diluted earnings per share was TWD 1.54 compared to TWD 0.83 a year ago.
For the six months, sales was TWD 2,988.04 million compared to TWD 2,534.5 million a year ago. Net income was TWD 296.79 million compared to TWD 177.1 million a year ago. Basic earnings per share from continuing operations was TWD 2.51 compared to TWD 1.5 a year ago. Diluted earnings per share from continuing operations was TWD 2.5 compared to TWD 1.49 a year ago. Basic earnings per share was TWD 2.51 compared to TWD 1.5 a year ago. Diluted earnings per share was TWD 2.5 compared to TWD 1.49 a year ago.
Well Shin Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of power cord sets for electronics, information, motors and appliances. The Companyâs main products include power cord sets for consumer products and electrical appliances, plastic injection parts, sockets, conversion plugs and power supplies. The Company is also involved in the electronics assembly and foundry business. The Company's products are mainly used in computers, home appliances, large servers and electronic and electrical equipment. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest of Asia and Europe.