Chieftek Precision Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 04:11 pm EDT
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Chieftek Precision 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 451.64 million compared to TWD 489.77 million a year ago. Net income was TWD 90.66 million compared to TWD 83.26 million a year ago. Basic earnings per share from continuing operations was TWD 1.0182 compared to TWD 0.9364 a year ago. Diluted earnings per share from continuing operations was TWD 1.0182 compared to TWD 0.9364 a year ago.
For the six months, sales was TWD 845.08 million compared to TWD 908.42 million a year ago. Net income was TWD 163.53 million compared to TWD 149.74 million a year ago. Basic earnings per share from continuing operations was TWD 1.8455 compared to TWD 1.6818 a year ago. Diluted earnings per share from continuing operations was TWD 1.8364 compared to TWD 1.6818 a year ago.
CHIEFTEK PRECISION Co., LTD. is a Taiwan-based company principally engaged in research, development, manufacture and sales of slide rails and motors. The Company's main products include miniature linear slides, standard linear slides, linear motors, micro and standard linear modules and optoelectronic and semiconductor process equipment. The Company's products are mainly used in automation equipment, machine tools, semiconductors, liquid crystal display (LCD) panels and solar cells, electronic products, medical and biotech products, optical instruments, aerospace and national defense, as well as general machinery. The Company distributes its products in domestic market and to overseas markets, such as the rest of Asia, Europe and the Americas.