Chih Lien Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 06, 2022 at 01:25 am IST
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Chih Lien Industrial 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 317.9 million compared to TWD 416.5 million a year ago. Revenue was TWD 317.9 million compared to TWD 416.5 million a year ago. Net income was TWD 15.49 million compared to TWD 42.77 million a year ago. Basic earnings per share from continuing operations was TWD 0.16 compared to TWD 0.44 a year ago. Diluted earnings per share from continuing operations was TWD 0.16 compared to TWD 0.44 a year ago.
For the six months, sales was TWD 680.2 million compared to TWD 780.15 million a year ago. Revenue was TWD 680.2 million compared to TWD 780.15 million a year ago. Net income was TWD 43.14 million compared to TWD 70.1 million a year ago. Basic earnings per share from continuing operations was TWD 0.44 compared to TWD 0.72 a year ago. Diluted earnings per share from continuing operations was TWD 0.44 compared to TWD 0.72 a year ago.
CHIH LIEN INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and trading of steel wires and steel bars. The Companyâs main products include provides steel wires, including high-carbon steel wires, low-carbon steel wires, springs and annealed wires, which are applied in the manufacture of umbrellas, steel cables, screws, sports apparatus and others, as well as steel bars, including cutting steels, medium-carbon steels, alloy steels, stainless steels and polished rods, which are applied in manufacture of electronic, computer, bicycle, motorcycle and automobile components, as well as industrial tools and components.
CHIH LIEN INDUSTRIAL CO., LTD. 
