Taiwan Hon Chuan Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 08:51 am IST
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Taiwan Hon Chuan Enterprise 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 6,576.32 million compared to TWD 5,929.02 million a year ago. Net income was TWD 694.51 million compared to TWD 726.46 million a year ago. Basic earnings per share from continuing operations was TWD 2.41 compared to TWD 2.52 a year ago. Diluted earnings per share from continuing operations was TWD 2.41 compared to TWD 2.52 a year ago.
For the six months, sales was TWD 12,188.6 million compared to TWD 11,052.92 million a year ago. Net income was TWD 1,249.87 million compared to TWD 1,206.56 million a year ago. Basic earnings per share from continuing operations was TWD 4.34 compared to TWD 4.19 a year ago. Diluted earnings per share from continuing operations was TWD 4.34 compared to TWD 4.19 a year ago.
Taiwan Hon Chuan Enterprise Co Ltd is a Taiwan-based company principally engaged in the manufacture and sale of packaging materials for beverage industry. The main products include bottle cap products such as aluminum, plastic and lug bottle caps, as well as labels, polyethylene terephthalate (PET) bottles, mineral water bottles, sterile bottles, filter heads, filter paper products and heat shrinkable packaging films. The Company is also engaged in the beverage filling business and the original equipment manufacturer business. The Company operates within the domestic market and to overseas markets.