Asia Vital Components Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 05:05 am EDT
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Asia Vital Components 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 13,764.05 million compared to TWD 12,748.78 million a year ago. Net income was TWD 1,096.05 million compared to TWD 794.97 million a year ago. Basic earnings per share from continuing operations was TWD 3.1 compared to TWD 2.25 a year ago. Diluted earnings per share from continuing operations was TWD 3.09 compared to TWD 2.24 a year ago.
For the six months, sales was TWD 26,356.89 million compared to TWD 23,347.58 million a year ago. Net income was TWD 1,842.02 million compared to TWD 1,335.86 million a year ago. Basic earnings per share from continuing operations was TWD 5.21 compared to TWD 3.78 a year ago. Diluted earnings per share from continuing operations was TWD 5.2 compared to TWD 3.77 a year ago.
Asia Vital Components Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of computer, communications and consumer electronics (3C) products. The Company's main products include central processing unit (CPU) radiators, heat sinks, fans, notebook cooling modules, heat exchangers, graphite, heat pipes and soaking plates, water-cooled boards and computer cases. The Company's products are mainly used in the areas of communications and networking, power and energy, transportation, server, personal computer and smart phone. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, the Americas and Europe.