Tai Roun Products Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 07:12 am
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Tai Roun Products Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 834.12 million compared to TWD 789.94 million a year ago. Net income was TWD 17.49 million compared to TWD 56.81 million a year ago. Basic earnings per share from continuing operations was TWD 0.1 compared to TWD 0.32 a year ago. Diluted earnings per share from continuing operations was TWD 0.1 compared to TWD 0.32 a year ago.
For the six months, sales was TWD 1,652.92 million compared to TWD 1,498.15 million a year ago. Net income was TWD 50.81 million compared to TWD 121.46 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to TWD 0.69 a year ago. Diluted earnings per share from continuing operations was TWD 0.29 compared to TWD 0.68 a year ago.
Tai Roun Products Co Ltd is a Taiwan-based company principally engaged in the manufacturing, processing and trading of feed, fructose, starch and marine products. Feed products include livestock feed and aquatic feed. Fructose products include F-55 high fructose syrup. Starch products include corn starch, corn gluten meal, corn germ and corn bran. The Company's aquatic feed, fructose and starch related products are mainly sold domestically.