Yong Shun Chemical Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
May 10, 2020 at 07:16 pm
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Yong Shun Chemical Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 238.100 million compared to TWD 256.752 million a year ago. Operating income was TWD 16.065 million compared to TWD 855,000 a year ago. Net income was TWD 15.265 million compared to TWD 1.492 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 0.02 a year ago.
YONG SHUN CHEMICAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of unsaturated polyester resin and acid alcohol resin. The Company mainly offers products including unsaturated polyester resin, acid alcohol resin, acid-resistant coatings, chemical tanks, and polyurethane particles, among others. The Companyâs unsaturated polyester resin is applied in fiber reinforce plastic products, castings and coatings, among others. The Companyâs acid alcohol resin is applied in foams, coatings, adhesives, synthetic leather and waterproof material. The Company primarily distributes its products within the domestic market and to overseas markets, including mainland China, Hong Kong, Japan and Southeast Asia.
YONG SHUN CHEMICAL CO., LTD 
