Group Up Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 04:37 am
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Group Up Industrial 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 638.35 million compared to TWD 456.44 million a year ago. Net income was TWD 147.87 million compared to TWD 49.88 million a year ago. Basic earnings per share from continuing operations was TWD 2.69 compared to TWD 0.91 a year ago. Diluted earnings per share from continuing operations was TWD 2.61 compared to TWD 0.91 a year ago.
For the six months, sales was TWD 1,144.8 million compared to TWD 890.49 million a year ago. Net income was TWD 289.24 million compared to TWD 148.99 million a year ago. Basic earnings per share from continuing operations was TWD 5.26 compared to TWD 2.71 a year ago. Diluted earnings per share from continuing operations was TWD 5.17 compared to TWD 2.69 a year ago.
Group Up Industrial Co., LTD is a Taiwan-based company mainly engaged in the design, manufacturing, assembly, sales and after-sales service of electronic and semiconductor production mechanical equipment. The company's main products include automatic hot air conveyors, infrared hot air conveyors, hot air ovens, vacuum ovens, ultraviolet dryers and others. The company's products are mainly used in displays, printed circuit boards, touch panels, semiconductors, light emitting diode (LED) lighting, solar energy, energy components and passive components and other industries. The company distributes its products in Taiwan, mainland China, Japan, Korea, the United States, Brazil, Germany, Israel, Austria, Singapore, Malaysia, Vietnam, Thailand, the Philippines and India.
GROUP UP INDUSTRIAL CO., LTD. 