Tachia Yung Ho Machine Industry Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Tachia Yung Ho Machine Industry Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 306.92 million compared to TWD 435.12 million a year ago. Revenue was TWD 306.92 million compared to TWD 435.12 million a year ago. Net income was TWD 8.52 million compared to TWD 71.3 million a year ago. Basic earnings per share from continuing operations was TWD 0.2 compared to TWD 1.68 a year ago. Diluted earnings per share from continuing operations was TWD 0.2 compared to TWD 1.68 a year ago.
For the six months, sales was TWD 628.05 million compared to TWD 860.96 million a year ago. Revenue was TWD 628.05 million compared to TWD 860.96 million a year ago. Net income was TWD 31.55 million compared to TWD 128.12 million a year ago. Basic earnings per share from continuing operations was TWD 0.75 compared to TWD 3.03 a year ago. Diluted earnings per share from continuing operations was TWD 0.74 compared to TWD 3.01 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.
TACHIA YUNG HO MACHINE INDUSTRY CO., LTD. 
