Namchow Holdings Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Namchow Holdings 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 5,149.49 million compared to TWD 4,926.65 million a year ago. Net income was TWD 161.85 million compared to TWD 259.44 million a year ago. Basic earnings per share from continuing operations was TWD 0.65 compared to TWD 1.05 a year ago. Diluted earnings per share from continuing operations was TWD 0.65 compared to TWD 1.05 a year ago.
For the six months, sales was TWD 9,907.56 million compared to TWD 9,586.94 million a year ago. Net income was TWD 348.55 million compared to TWD 539.54 million a year ago. Basic earnings per share from continuing operations was TWD 1.4 compared to TWD 2.17 a year ago. Diluted earnings per share from continuing operations was TWD 1.4 compared to TWD 2.17 a year ago.
Namchow Holdings Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of bakery products. The main products include bakery products such as baking grease and frozen dough, lotion products such as crystal soap series, personal cleansing series, dishes and vegetables washing series products, flour foods such as frozen cooked noodles and instant noodles, ice products such as ice creams and popsicles, rice foods such as normal temperature rice, rice crackers and other snack foods. The Company is also involved in the catering business. The Company operates within the domestic market and to overseas markets.