I Yuan Precision Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 10:35 pm
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I Yuan Precision Industrial 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 136.68 million compared to TWD 187.61 million a year ago. Net income was TWD 32.1 million compared to TWD 50.54 million a year ago. Basic earnings per share from continuing operations was TWD 0.89 compared to TWD 1.41 a year ago. Diluted earnings per share from continuing operations was TWD 0.89 compared to TWD 1.41 a year ago.
For the six months, sales was TWD 245.41 million compared to TWD 373.72 million a year ago. Net income was TWD 39.68 million compared to TWD 96.86 million a year ago. Basic earnings per share from continuing operations was TWD 1.11 compared to TWD 2.7 a year ago. Diluted earnings per share from continuing operations was TWD 1.1 compared to TWD 2.7 a year ago.
I Yuan Precision Industrial Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile spare parts. The Companyâs main products consist of radiator cooling fans, which prevent automobile engine radiators from being over heated; wind blowers, which are applied in automobile air conditioning systems, as well as window lifts, which enable the movements of automobile windows. It distributes its products within domestic market and to overseas markets.