Ten Ren Tea Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 18, 2021 at 06:16 pm
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Ten Ren Tea Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,906.194 million compared to TWD 2,247.585 million a year ago. Operating income was TWD 64.982 million compared to TWD 178.429 million a year ago. Net income was TWD 57.053 million compared to TWD 156.589 million a year ago. Basic earnings per share from continuing operations was TWD 0.63 compared to TWD 1.73 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. 
