Test-Rite International Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022
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Test-Rite International Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 10,193.43 million compared to TWD 10,215.03 million a year ago. Net income was TWD 87.72 million compared to TWD 194.39 million a year ago. Basic earnings per share from continuing operations was TWD 0.18 compared to TWD 0.39 a year ago. Diluted earnings per share from continuing operations was TWD 0.18 compared to TWD 0.39 a year ago.
For the six months, sales was TWD 19,975.37 million compared to TWD 21,791.63 million a year ago. Net income was TWD 345.88 million compared to TWD 471.91 million a year ago. Basic earnings per share from continuing operations was TWD 0.7 compared to TWD 0.95 a year ago. Diluted earnings per share from continuing operations was TWD 0.7 compared to TWD 0.95 a year ago.
Test Rite International Co Ltd is a Taiwan-based company principally engaged in the retailing of household products and the trading of daily goods. The trading business is engaged in the import and export business and agency business of department store products, covering hardware tools, DIY hand tools, bathroom and storage products, stationery products, household appliances and living goods, outdoor furniture, gardening, barbecue products. The retail business is directly facing consumers mainly located in Taiwan and China in the home furnishings, home repair, mattress and bedding sales business, comprehensive home integration services and brand agency business. The affiliated business groups include design teams for product design, packaging design, and industrial design; construction teams for store construction, office building construction, investment promotion, and logistics and warehousing services in China, Taiwan, the United States, and Europe.
TEST-RITE INTERNATIONAL CO., LTD. 
