Chun Yu Works & Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Chun Yu Works & Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 2,027.09 million compared to TWD 2,725.99 million a year ago. Net income was TWD 34.21 million compared to TWD 157.47 million a year ago. Basic earnings per share from continuing operations was TWD 0.12 compared to TWD 0.56 a year ago. Diluted earnings per share from continuing operations was TWD 0.12 compared to TWD 0.56 a year ago.
For the six months, sales was TWD 4,072.8 million compared to TWD 5,781.66 million a year ago. Net income was TWD 95.09 million compared to TWD 309.41 million a year ago. Basic earnings per share from continuing operations was TWD 0.34 compared to TWD 1.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.31 compared to TWD 1.11 a year ago.
CHUN YU WORKS & CO., LTD. is a Taiwan-based company principally engaged in the manufacture and trading of screws, screw caps and wire materials. The Companyâs products include spheroidized wires, polished wire rods, hexagonal screws, high-tension screws, screw bolts and screw caps for control torques, shear nails, screw caps for building construction, anchor bolts, carriage screws, hexagonal socket screws, socket fixed screws, nylon screw caps, stainless steel screw caps, tapping screws, chipboard screws, self drilling screws and stainless steel tapping screws, among others. The Company also provides the design and undertaking services of pollution prevention and sewage treatment equipment. The Company is also engaged in investment businesses and the manufacture and trading of machineries through its subsidiaries.