In the first half of the year, Shuztung reported an earnings per share of 2.23 dollars, a 78.4% increase from the same period last year.

In the first half of the year, Shuztung reported an earnings per share of 2.23 dollars, a 78.4% increase from the same period last year.

08 Aug, 2022

Equipment manufacturer Shuztung released its half-year financial report, reporting a combined revenue of NT$1.172 billion in the first half of the year, a 0.11% decrease year-on-year. The gross profit margin was 39.58%, with an operating profit of NT$53 million and a net profit of NT$176 million after taxes. The earnings per share were approximately NT$2.23, a growth of 78.4% compared to the same period last year. Despite the impact of China's export control measures in April and May, Shuztung reported stable revenue in its three major businesses: bicycles, panels, and semiconductor equipment. Its semiconductor equipment business performed particularly well, with growth outpacing the industry average. Additionally, exchange rate gains contributed to the increase in net profit.