Thai Kin Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 27, 2023
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Thai Kin 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 295.93 million compared to TWD 357.96 million a year ago. Net income was TWD 49.29 million compared to TWD 22.34 million a year ago. Basic earnings per share from continuing operations was TWD 1.38 compared to TWD 0.63 a year ago. Diluted earnings per share from continuing operations was TWD 1.3 compared to TWD 0.59 a year ago.
For the six months, sales was TWD 528.13 million compared to TWD 678.53 million a year ago. Net income was TWD 72.83 million compared to TWD 77.39 million a year ago. Basic earnings per share from continuing operations was TWD 2.04 compared to TWD 2.17 a year ago. Diluted earnings per share from continuing operations was TWD 1.93 compared to TWD 2.01 a year ago.
THAI KIN CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and sale of home decoration castings. The Company is mainly engaged in the production of metal castings with zinc alloy and aluminum alloy as main materials, as well as other materials castings. The products are mainly used in cabinets, curtains and bathroom accessories. The Company distributes its products in domestic market and to overseas markets, including Thailand, United States, Europe and mainland China.