SYN-TECH Chem. & Pharm. Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 03, 2021
Share
SYN-TECH Chem. & Pharm. Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 159.18 million compared to TWD 220.33 million a year ago. Net income was TWD 28.2 million compared to TWD 34.33 million a year ago. Basic earnings per share from continuing operations was TWD 0.94 compared to TWD 1.14 a year ago. Diluted earnings per share from continuing operations was TWD 0.94 compared to TWD 1.14 a year ago.
For the nine months, sales was TWD 611.09 million compared to TWD 760.8 million a year ago. Net income was TWD 102.42 million compared to TWD 151.94 million a year ago. Basic earnings per share from continuing operations was TWD 3.41 compared to TWD 5.05 a year ago. Diluted earnings per share from continuing operations was TWD 3.4 compared to TWD 5.05 a year ago.
SYN-TECH Chem. & Pharm. Co., Ltd. is a Taiwan-based company principally engaged in the production, processing and distribution of active pharmaceutical ingredients (APIs). The Companyâs main products consist of muscle relaxants, local anesthetics, cardiovascular agents, antipyretics, analgesics and anti-inflammatory drugs, antimicrobials, spirit stabilizers, intermediates and others. It is also engaged in the pharmaceutical agency business. The Company distributes its products within Taiwan market and to overseas markets, including Asia, Europe, the Americas and Africa.