Right Way Industrial Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Right Way Industrial Co.,Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 287.12 million compared to TWD 308.83 million a year ago. Net income was TWD 23.09 million compared to TWD 17.89 million a year ago. Basic earnings per share from continuing operations was TWD 0.08 compared to TWD 0.08 a year ago. Diluted earnings per share from continuing operations was TWD 0.08 compared to TWD 0.08 a year ago.
For the six months, sales was TWD 564.81 million compared to TWD 592.27 million a year ago. Net income was TWD 45.02 million compared to TWD 28.92 million a year ago. Basic earnings per share from continuing operations was TWD 0.15 compared to TWD 0.13 a year ago. Diluted earnings per share from continuing operations was TWD 0.15 compared to TWD 0.13 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 
