Taiwan Hon Chuan Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 10:01 pm EDT
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Taiwan Hon Chuan Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 5,929.020 million compared to TWD 5,313.023 million a year ago. Operating income was TWD 987.339 million compared to TWD 661.340 million a year ago. Net income was TWD 726.458 million compared to TWD 536.250 million a year ago. Basic earnings per share from continuing operations was TWD 2.52 compared to TWD 1.85 a year ago. For the half year, total revenue was TWD 11,052.923 million compared to TWD 9,732.503 million a year ago. Operating income was TWD 1,673.353 million compared to TWD 1,036.472 million a year ago. Net income was TWD 1,206.558 million compared to TWD 802.194 million a year ago. Basic earnings per share from continuing operations was TWD 4.19 compared to TWD 2.75 a year ago.
Taiwan Hon Chuan Enterprise Co Ltd is a Taiwan-based company principally engaged in the manufacture and sale of packaging materials for beverage industry. The main products include bottle cap products such as aluminum, plastic and lug bottle caps, as well as labels, polyethylene terephthalate (PET) bottles, mineral water bottles, sterile bottles, filter heads, filter paper products and heat shrinkable packaging films. The Company is also engaged in the beverage filling business and the original equipment manufacturer business. The Company operates within the domestic market and to overseas markets.