Yong Shun Chemical Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 05:38 pm
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Yong Shun Chemical Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 202.538 million compared to TWD 270.239 million a year ago. Net income was TWD 9.666 million compared to TWD 15.566 million a year ago. Basic earnings per share was TWD 0.16 compared to TWD 0.25 a year ago. For the nine months, sales was TWD 549.736 million compared to TWD 796.168 million a year ago. Net income was TWD 30.329 million compared to TWD 21.607 million a year ago. Basic earnings per share was TWD 0.5 compared to TWD 0.35 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.