Right Way Industrial Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
Share
Right Way Industrial Co.,Ltd announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 243.396 million compared to TWD 190.125 million a year ago. Operating income was TWD 5.772 million compared to operating loss of TWD 35.365 million a year ago. Net loss was TWD 11.009 million compared to TWD 134.734 million a year ago. Basic loss per share was TWD 0.07 compared to TWD 0.89 a year ago. Basic loss per share from continuing operations was TWD 0.07 compared to TWD 0.37 a year ago. For the half year, total revenue was TWD 499.121 million compared to TWD 432.970 million a year ago. Operating loss was TWD 4.683 million compared to TWD 76.940 million a year ago. Net loss was TWD 18.789 million compared to TWD 215.652 million a year ago. Basic loss per share was TWD 0.12 compared to TWD 1.57 a year ago. Basic loss per share from continuing operations was TWD 0.17 compared to TWD 0.9 a year ago.
RIGHT WAY INDUSTRIAL CO., LTD is principally engaged in the manufacture and sale of pistons and forging products. The Company's products include pistons, connecting bars, tie rod ends, ball heads, balance bars, engine brackets, steering components, refrigeration compressor components and out-board engine components, among others. The Company's products are used for automobiles, locomotives, engine equipment and aviation industry. The Company distributes its products within domestic market and to rest of Asian countries.
RIGHT WAY INDUSTRIAL CO.,LTD 
