TURVO International Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 11:01 pm EDT
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TURVO 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 851.11 million compared to TWD 878.67 million a year ago. Net income was TWD 169.66 million compared to TWD 140.2 million a year ago. Basic earnings per share from continuing operations was TWD 2.81 compared to TWD 2.33 a year ago. Diluted earnings per share from continuing operations was TWD 2.81 compared to TWD 2.32 a year ago.
For the six months, sales was TWD 1,750.24 million compared to TWD 1,665.74 million a year ago. Net income was TWD 350.54 million compared to TWD 269.11 million a year ago. Basic earnings per share from continuing operations was TWD 5.81 compared to TWD 4.47 a year ago. Diluted earnings per share from continuing operations was TWD 5.79 compared to TWD 4.46 a year ago.
TURVO International Co., Ltd. is a Taiwan-based company principally engaged in the processing, manufacturing and trading of precision metal components. The Company mainly provides precision metal components, which are applied in the manufacturing automotive engine systems, automotive transmission systems, automotive chassis systems, medical equipment, industrial communication and aerospace connectors and optical products, among others. The Company distributes its products within domestic market, and to overseas markets, including the rest of Asia, the Americas and Europe.