Ten Ren Tea Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 06:28 pm
Share
Ten Ren Tea Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 484.087 million compared to TWD 562.634 million a year ago. Operating income was TWD 8.246 million compared to TWD 54.670 million a year ago. Net income was TWD 7.217 million compared to TWD 44.107 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 0.49 a year ago.
Ten Ren Tea Co., Ltd. is a Taiwan-based company principally engaged in the production and distribution of tea leaves, tea sets and beverages. The Company provides specialty tea products, such as oolong tea, packaged tea products, tea gifts, tea sets, tea food, tea moon cakes, tea beverages, tea wines, green tea powder, green tea cookies, as well as green tea health food and others. It distributes its products within domestic market and overseas markets, with Taiwan as its main market.
TEN REN TEA CO., LTD. 
