Yong Shun Chemical Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Yong Shun Chemical Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 337.12 million compared to TWD 325.21 million a year ago. Net income was TWD 4.86 million compared to TWD 30 million a year ago. Basic earnings per share from continuing operations was TWD 0.08 compared to TWD 0.49 a year ago. Diluted earnings per share from continuing operations was TWD 0.08 compared to TWD 0.49 a year ago.
For the six months, sales was TWD 669.81 million compared to TWD 627.04 million a year ago. Net income was TWD 6.05 million compared to TWD 60.01 million a year ago. Basic earnings per share from continuing operations was TWD 0.1 compared to TWD 0.98 a year ago. Diluted earnings per share from continuing operations was TWD 0.1 compared to TWD 0.98 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.