E&E Recycling,Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 03:01 pm IST
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E&E Recycling,Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 217.53 million compared to TWD 220.22 million a year ago. Net loss was TWD 1.98 million compared to net income of TWD 13.34 million a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to basic earnings per share from continuing operations of TWD 0.35 a year ago. Diluted loss per share from continuing operations was TWD 0.05 compared to diluted earnings per share from continuing operations of TWD 0.35 a year ago.
For the six months, sales was TWD 427.65 million compared to TWD 408.5 million a year ago. Net income was TWD 9.82 million compared to TWD 22.22 million a year ago. Basic earnings per share from continuing operations was TWD 0.26 compared to TWD 0.58 a year ago. Diluted earnings per share from continuing operations was TWD 0.26 compared to TWD 0.58 a year ago.
E&E Recycling, Inc. is a Taiwan-based company principally engaged in waste removal and processing business. The Company is mainly engaged in the recycling of waste electrical and electronic items and waste information items, the sales of derivative products, as well as the output of whole cases. The Company's main products include waste household appliances and waste information items, such as waste hosts, waste printers, waste notebook computers, waste keyboards and waste monitors. The Company operates its businesses in domestic market.