Yong Shun Chemical Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 09:02 pm
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Yong Shun Chemical Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 810.058 million compared to TWD 1,046.430 million a year ago. Operating income was TWD 43.200 million compared to TWD 31.805 million a year ago. Net income was TWD 55.516 million compared to TWD 33.722 million a year ago. Basic earnings per share was TWD 0.91 compared to TWD 0.55 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.