Drewloong Precision, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 04:20 pm EDT
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Drewloong Precision, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 219.09 million compared to TWD 173.63 million a year ago. Net income was TWD 63.85 million compared to TWD 56 million a year ago. Basic earnings per share from continuing operations was TWD 1.6339 compared to TWD 1.432 a year ago. Diluted earnings per share from continuing operations was TWD 1.6339 compared to TWD 1.432 a year ago.
For the six months, sales was TWD 410.47 million compared to TWD 294.56 million a year ago. Net income was TWD 122.81 million compared to TWD 93.17 million a year ago. Basic earnings per share from continuing operations was TWD 3.1485 compared to TWD 2.3866 a year ago. Diluted earnings per share from continuing operations was TWD 3.1485 compared to TWD 2.3866 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.
DREWLOONG PRECISION, INC. 
