Charoen Pokphand Enterprisetaiwan Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 05, 2019 at 06:46 pm
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Charoen Pokphand EnterpriseTaiwan Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 5,389.590 million compared to TWD 4,839.514 million a year ago. Operating income was TWD 377.911 million compared to TWD 303.877 million a year ago. Net income was TWD 307.947 million compared to TWD 242.211 million a year ago. Basic earnings per share from continuing operations was TWD 1.14 compared to TWD 0.88 a year ago. Basic earnings per share was TWD 1.15 compared to TWD 0.9 a year ago. For the nine months, sales was TWD 15,575.358 million compared to TWD 13,919.720 million a year ago. Operating income was TWD 1,202.655 million compared to TWD 854.611 million a year ago. Net income was TWD 939.821 million compared to TWD 635.247 million a year ago. Basic earnings per share from continuing operations was TWD 3.52 compared to TWD 2.28 a year ago. Basic earnings per share was TWD 3.51 compared to TWD 2.37 a year ago.
Charoen Pokphand Enterprise Taiwan Co Ltd is a Taiwan-based company that is primarily engaged in the manufacture and sale of feed and meat products. The Company operates through four segments. The Feed segment produces all types of poultry and livestock feed and wholesales bulk materials. The Meat Processing segment is engaged in the electric slaughtering of poultry. The Food Processing segment is engaged in the processing of various cooked meat products. The Egg Breeder segment operates the breeding and chick farming of egg and meat breeders. Products include processed meat products, agricultural and livestock meat products, feed and processed cooked materials. Its processed meat products include chicken floss, ham, chicken nuggets, chicken steaks, and roasted chicken.