Tycoons Group Enterprise Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
March 29, 2022 at 12:59 am
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Tycoons Group Enterprise Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was TWD 10,700.39 million compared to TWD 7,930.38 million a year ago. Net income was TWD 425.91 million compared to net loss of TWD 185.64 million a year ago. Basic earnings per share from continuing operations was TWD 0.89 compared to basic loss per share from continuing operations of TWD 0.39 a year ago. Basic earnings per share was TWD 0.89 compared to basic loss per share of TWD 0.39 a year ago.
TYCOONS GROUP ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of wire rods and screws. The Company provides wire rod products, including rolled steel for general structure, wire rods for core wire of covered electrode, low carbon steel wire rods and high carbon steel wire rods; screw products, including drywall screws, tapping screws, self-drilling screws, chipboard screws, wood screws, mechanical screws and particle board screws, as well as rebar and others. Its products are applied primarily in the manufacture of hand tools, steel wires, steel cables, machines, electronic products, transportation devices, industrial products and others. The Company distributes its products within domestic market and to overseas markets.