Rechi Precision Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was TWD 6,158.62 million compared to TWD 4,510.74 million a year ago. Net income was TWD 325.73 million compared to TWD 262.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.65 compared to TWD 0.53 a year ago. Diluted earnings per share from continuing operations was TWD 0.65 compared to TWD 0.52 a year ago. For the six months, sales was TWD 11,089.86 million compared to TWD 8,393.27 million a year ago. Net income was TWD 575.42 million compared to TWD 370.35 million a year ago. Basic earnings per share from continuing operations was TWD 1.15 compared to TWD 0.74 a year ago. Diluted earnings per share from continuing operations was TWD 1.15 compared to TWD 0.74 a year ago.
Rechi Precision is a Taiwan-based Industrial machinery company that manufactures and sells products such as compressors, BLDC motor and detection equipment for businesses.