Chang Type Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 07, 2019 at 02:09 pm EDT
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CHANG TYPE Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,220.242 million compared to TWD 978.866 million a year ago. Operating income was TWD 144.908 million compared to TWD 26.645 million a year ago. Net income was TWD 51.372 million compared to TWD 66.823 million a year ago. Basic earnings per share was TWD 0.65 compared to TWD 0.84 a year ago. For the half year, sales was TWD 2,131.884 million compared to TWD 1,701.578 million a year ago. Operating income was TWD 199.087 million compared to TWD 59.408 million a year ago. Net income was TWD 96.136 million compared to TWD 70.388 million a year ago. Basic earnings per share was TWD 1.22 compared to TWD 0.89 a year ago.
Chang Type Industrial Co.,Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of power tools. The Company's main products include hand tools, computer machinery, motors, power tools, automatic control systems, electrical testing equipment, woodworking machinery and hardware components. The Company distributes its products mainly to overseas markets.