Yung Chi Paint & Varnish Mfg.Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 04, 2020 at 07:26 pm
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Yung Chi Paint & Varnish Mfg.Co.,Ltd announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 1,985.029 million compared to TWD 1,937.241 million a year ago. Operating income was TWD 267.322 million compared to TWD 192.630 million a year ago. Net income was TWD 224.264 million compared to TWD 162.613 million a year ago. Basic earnings per share was TWD 1.38 compared to TWD 1 a year ago. For the nine months, total revenue was TWD 5,755.183 million compared to TWD 5,709.259 million a year ago. Operating income was TWD 706.488 million compared to TWD 547.540 million a year ago. Net income was TWD 603.514 million compared to TWD 462.103 million a year ago. Basic earnings per share was TWD 3.73 compared to TWD 2.85 a year ago. Diluted earnings per share was TWD 3.72 compared to TWD 2.85 a year ago.
YUNG CHI PAINT & VARNISH MFG. CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of paint products. The Company provides paint, including construction paint, anti-corrosion paint, ship paint, special purpose paint, can paint, steel roll paint, nuclear power paint and others, as well as fire-proof construction materials, including coatings and mixed fire-proof materials. The Company is also involved in undertaking of painting projects. The Company distributes its products in domestic market and to overseas markets.
YUNG CHI PAINT & VARNISH MFG.CO.,LTD 
