Ta Chen Stainless Pipe Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:53 am EDT
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Ta Chen Stainless Pipe 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 26,368.6 million compared to TWD 32,271.91 million a year ago. Net income was TWD 1,632.19 million compared to TWD 5,514.7 million a year ago. Basic earnings per share from continuing operations was TWD 0.7 compared to TWD 2.36 a year ago. Diluted earnings per share from continuing operations was TWD 0.7 compared to TWD 2.34 a year ago.
For the six months, sales was TWD 55,335.53 million compared to TWD 62,512.14 million a year ago. Net income was TWD 3,612.3 million compared to TWD 9,800.36 million a year ago. Basic earnings per share from continuing operations was TWD 1.55 compared to TWD 4.19 a year ago. Diluted earnings per share from continuing operations was TWD 1.55 compared to TWD 4.16 a year ago.
TA CHEN STAINLESS PIPE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of stainless steel products. The Company's main products include stainless steel pipes, stainless steel welded pipe fittings, stainless steel coils, stainless steel cutting and processing products, steel belts, pipe joints, flange, valves and fasteners. In addition, The Company is also engaged in the manufacture and sales of screws and nuts. The Company's mainly distributes its products to the overseas markets.
TA CHEN STAINLESS PIPE CO., LTD. 
