Cryomax Cooling System Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 03:30 pm IST
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Cryomax Cooling System Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 575.66 million compared to TWD 702.55 million a year ago. Net income was TWD 20.42 million compared to TWD 46.49 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to TWD 0.68 a year ago. Diluted earnings per share from continuing operations was TWD 0.3 compared to TWD 0.68 a year ago.
For the six months, sales was TWD 1,117.63 million compared to TWD 1,305.04 million a year ago. Net income was TWD 26.45 million compared to TWD 76.53 million a year ago. Basic earnings per share from continuing operations was TWD 0.39 compared to TWD 1.12 a year ago. Diluted earnings per share from continuing operations was TWD 0.38 compared to TWD 1.11 a year ago.
Cryomax Cooling System Corp. is a Taiwan-based company which principally engaged in the research, development, manufacture and distribution of automobile cooling systems and related components. The Company primarily provides automobile cooling system products, including automobile water tanks, intercoolers, oil coolers, condensers, as well as components for automobile cooling systems, including sinks, fixed plates, cores and sealing gaskets, among others. Its products are applied in minibuses, light trucks, trucks, generators and off-road vehicles, among others.