Group Up Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
February 25, 2022 at 03:35 pm EST
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Group Up Industrial Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was TWD 1,911.54 million compared to TWD 1,614.24 million a year ago. Net income was TWD 336.5 million compared to TWD 310.94 million a year ago. Basic earnings per share from continuing operations was TWD 6.12 compared to TWD 5.65 a year ago. Diluted earnings per share from continuing operations was TWD 6.09 compared to TWD 5.62 a year ago.
Group Up Industrial Co., LTD is a Taiwan-based company mainly engaged in the design, manufacturing, assembly, sales and after-sales service of electronic and semiconductor production mechanical equipment. The company's main products include automatic hot air conveyors, infrared hot air conveyors, hot air ovens, vacuum ovens, ultraviolet dryers and others. The company's products are mainly used in displays, printed circuit boards, touch panels, semiconductors, light emitting diode (LED) lighting, solar energy, energy components and passive components and other industries. The company distributes its products in Taiwan, mainland China, Japan, Korea, the United States, Brazil, Germany, Israel, Austria, Singapore, Malaysia, Vietnam, Thailand, the Philippines and India.