Microbio Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 10:02 pm
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Microbio Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 387.512 million compared to TWD 363.794 million a year ago. Net income was TWD 554.590 million compared to TWD 36.354 million a year ago. Basic earnings per share was TWD 1.41 compared to TWD 0.09 a year ago. For the nine months, total revenue was TWD 1,195.839 million compared to TWD 1,059.781 million a year ago. Net income was TWD 2,465.927 million compared to net loss of TWD 111.942 million a year ago. Basic earnings per share was TWD 6.23 compared to basic loss per share of TWD 0.27 a year ago.
Microbio Co., Ltd. is a Taiwan-based company primarily engaged in the research, development, manufacture, distribution and wholesales of healthcare food products and pharmaceuticals. The Company provides fermentation products, including Tien Chun Bao (TCB) oral solutions; herbal products, including LeeHerb series products, as well as organic foods, including vegetables, fruits, nuts, pastry, seasonings, organic meals and others. In addition, it provides new medicines, including anticancer medicines, medicines for hepatitis, allergy, rheumatoid arthritis and others. The Company mainly distributes its products mainly within domestic market.