Tachia Yung Ho Machine Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 09:30 pm
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Tachia Yung Ho Machine Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 279.807 million compared to TWD 275.909 million a year ago. Operating income was TWD 36.358 million compared to TWD 46.068 million a year ago. Net income was TWD 30.564 million compared to TWD 39.584 million a year ago. Basic earnings per share was TWD 0.72 compared to TWD 0.94 a year ago. Diluted earnings per share was TWD 0.72 compared to TWD 0.93 a year ago. For the half year, total revenue was TWD 586.575 million compared to TWD 538.555 million a year ago. Operating income was TWD 83.260 million compared to TWD 82.868 million a year ago. Net income was TWD 64.067 million compared to TWD 67.576 million a year ago. Basic earnings per share was TWD 1.51 compared to TWD 1.6 a year ago. Diluted earnings per share was TWD 1.51 compared to TWD 1.59 a year ago.
Tachia Yung Ho Machine Industry Co., Ltd. is principally engaged in the manufacture and distribution of stainless steel welded pipe fittings and ultra-clean pipe fittings. The Companyâs stainless steel welded pipe fittings include seamed stainless steel welded pipe fittings and seamless stainless steel welded pipe fittings. The Company is also engaged in the manufacture and distribution of carbon steel butt-welded pipe fittings. Its pipe fittings include elbows, tees, reducers, caps and thin-walled pipes. The Company distributes its products in domestic market and to overseas markets, including Asia, Europe and the Americas, among others.