Iron Force Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 09, 2021 at 05:16 pm EDT
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Iron Force Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 882.888 million compared to TWD 509.513 million a year ago. Operating income was TWD 28.730 million compared to operating loss of TWD 87.960 million a year ago. Net income was TWD 103.722 million compared to net loss of TWD 76.226 million a year ago. Basic earnings per share was TWD 1.37 compared to basic loss per share of TWD 1.01 a year ago. Diluted earnings per share was TWD 1.33 compared to diluted loss per share of TWD 1.01 a year ago. For the half year, sales was TWD 1,871.225 million compared to TWD 1,449.877 million a year ago. Operating income was TWD 98.377 million compared to operating loss of TWD 9.731 million a year ago. Net income was TWD 168.857 million compared to net loss of TWD 12.112 million a year ago. Basic earnings per share was TWD 2.22 compared to basic loss per share of TWD 0.16 a year ago. Diluted earnings per share was TWD 2.16 compared to diluted loss per share of TWD 0.16 a year ago.
IRON FORCE INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of automotive parts and components. The Company's main products include pre-retractable seat belt precision catheters, airbag components, display racks and hangers and others. The Company distributes its products to overseas markets, such as Europe, the Americas and the rest areas of Asia.