Drewloong Precision, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 05, 2021 at 04:12 pm EDT
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Drewloong Precision, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 104.972 million compared to TWD 93.367 million a year ago. Operating income was TWD 22.800 million compared to TWD 25.684 million a year ago. Net income was TWD 15.201 million compared to TWD 14.187 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 0.4 a year ago. For the half year, sales was TWD 178.337 million compared to TWD 212.153 million a year ago. Operating income was TWD 28.383 million compared to TWD 54.416 million a year ago. Net income was TWD 20.817 million compared to TWD 41.004 million a year ago. Basic earnings per share was TWD 0.58 compared to TWD 1.15 a year ago. Diluted earnings per share was TWD 0.58 compared to TWD 1.14 a year ago.
Drewloong Precision, Inc. is a Taiwan-based company principally engaged in the research, development, production and sale of large aircraft fuselage structure components, large aircraft engine structure components and special mold fixtures. The Companyâs main products include: aircraft fuselage structural components, which are used to assemble Boeing 737, Boeing 747, Boeing 767, Boeing 777 and Boeing 787 aircraft fuselage; aircraft engine components, which are used to assemble aircraft engines including LEAP A and LEAP B; aircraft landing gear components for A350 take-off and landing gear; as well as other special mold fixtures. The Company's sales customers are aircraft manufacturers.