Ten Ren Tea Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Ten Ren Tea 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 427.47 million compared to TWD 505.3 million a year ago. Net income was TWD 19.89 million compared to TWD 24.26 million a year ago. Basic earnings per share from continuing operations was TWD 0.22 compared to TWD 0.27 a year ago. Diluted earnings per share from continuing operations was TWD 0.22 compared to TWD 0.27 a year ago.
For the nine months, sales was TWD 1,282.61 million compared to TWD 1,401.21 million a year ago. Net income was TWD 21 million compared to TWD 36.73 million a year ago. Basic earnings per share from continuing operations was TWD 0.23 compared to TWD 0.41 a year ago. Diluted earnings per share from continuing operations was TWD 0.23 compared to TWD 0.41 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. 
