Value Valves Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 06:53 pm IST
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Value Valves Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 639.326 million compared to TWD 595.229 million a year ago. Operating income was TWD 127.778 million compared to TWD 75.128 million a year ago. Net income was TWD 84.914 million compared to TWD 52.235 million a year ago. Basic earnings per share was TWD 2.17 compared to TWD 1.47 a year ago. For the half year, sales was TWD 1,217.778 million compared to TWD 1,197.994 million a year ago. Operating income was TWD 239.486 million compared to TWD 188.853 million a year ago. Net income was TWD 165.458 million compared to TWD 141.373 million a year ago. Basic earnings per share was TWD 4.23 compared to TWD 3.97 a year ago.
Value Valves Co., Ltd. is a Taiwan-based company mainly engaged in development, design, manufacture and sale of industrial valves. The valve products include butterfly valves, ball valves and control valves. The products are widely used in petroleum, petrochemical, steel, shipbuilding, energy, water treatment, paper, air conditioning and electronics industries. The Company distributes its products within the domestic market and to overseas markets, including Asia, Europe, the Americas and Africa.
VALUE VALVES CO., LTD. 
