Ten Ren Tea Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022 at 09:39 am
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Ten Ren Tea Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 451.61 million compared to TWD 478.62 million a year ago. Net income was TWD 17.26 million compared to TWD 16.36 million a year ago. Basic earnings per share from continuing operations was TWD 0.19 compared to TWD 0.18 a year ago. Diluted earnings per share from continuing operations was TWD 0.19 compared to TWD 0.18 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.