Tachia Yung Ho Machine Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 02:16 am IST
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Tachia Yung Ho Machine Industry Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 1,032.778 million compared to TWD 1,195.192 million a year ago. Operating income was TWD 97.513 million compared to TWD 143.962 million a year ago. Net income was TWD 63.399 million compared to TWD 104.217 million a year ago. Basic earnings per share from continuing operations was TWD 1.5 compared to TWD 2.46 a year ago. Diluted earnings per share from continuing operations was TWD 1.49 compared to TWD 2.45 a year ago.
Tachia Yung Ho Machine Industry Co., Ltd. is principally engaged in the manufacture and distribution of stainless steel welded pipe fittings and ultra-clean pipe fittings. The Companyâs stainless steel welded pipe fittings include seamed stainless steel welded pipe fittings and seamless stainless steel welded pipe fittings. The Company is also engaged in the manufacture and distribution of carbon steel butt-welded pipe fittings. Its pipe fittings include elbows, tees, reducers, caps and thin-walled pipes. The Company distributes its products in domestic market and to overseas markets, including Asia, Europe and the Americas, among others.