San Neng Group Holdings Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 26, 2021
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San Neng Group Holdings Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 556.404 million compared to TWD 526.821 million a year ago. Operating income was TWD 83.096 million compared to TWD 96.741 million a year ago. Net income was TWD 63.152 million compared to TWD 72.486 million a year ago. Basic earnings per share was TWD 1.04 compared to TWD 1.19 a year ago. For the half year, total revenue was TWD 1,002.596 million compared to TWD 852.246 million a year ago. Operating income was TWD 135.501 million compared to TWD 109.376 million a year ago. Net income was TWD 105.665 million compared to TWD 86.951 million a year ago. Basic earnings per share was TWD 1.74 compared to TWD 1.43 a year ago. Diluted earnings per share was TWD 1.73 compared to TWD 1.42 a year ago.
San Neng Group Holdings Co., Ltd. is a Cayman Islands-based company, which is engaged in the manufacturing, processing, sales, trading and agency of baking utensils and related products. The company's products are divided into five categories including custom categories, baking molds, baking tools, household equipment and other category. Its customized products refer to products manufactured for customers according to their special needs, specified specifications and styles of baking equipment. Baking molds are mainly utensils that enters the baking equipment, including various types of baking trays, toast boxes, cake molds, pie plates, mousse rings and others. Its baking equipment comprises peripheral products used in baking in addition to molds, including egg whisks, mixing bowls, pastry tubes, pastry bags, revolving cake stands, knives, trolleys, material impressions, and price tag products. Household appliances are designed and developed for household users.