Rechi Precision Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 08:24 am
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Rechi Precision 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 5,482.23 million compared to TWD 6,281.92 million a year ago. Net income was TWD 271.11 million compared to TWD 206.17 million a year ago. Basic earnings per share from continuing operations was TWD 0.54 compared to TWD 0.41 a year ago. Diluted earnings per share from continuing operations was TWD 0.54 compared to TWD 0.41 a year ago.
For the six months, sales was TWD 11,054.14 million compared to TWD 12,112.04 million a year ago. Net income was TWD 413.83 million compared to TWD 342.66 million a year ago. Basic earnings per share from continuing operations was TWD 0.82 compared to TWD 0.68 a year ago. Diluted earnings per share from continuing operations was TWD 0.82 compared to TWD 0.68 a year ago.
RECHI PRECISION CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of compressors. The Companyâs primary products include rotary compressors and relevant pump sets, direct current variable-frequency controllers, motors and hot water equipment for commercial and residential purposes. The Companyâs products are mainly used in the manufacture of air conditioners, water heaters, dehumidifiers and cloth dryers, among others. The Company mainly operates through three business segments: compressors business segment, motors business segment and pumps business segment. The Company mainly distributes its products in domestic market and overseas markets, including the Mainland China, Thailand, Poland and others.
RECHI PRECISION CO., LTD. 
