Chung Hwa Food Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 08, 2020 at 11:28 am EST
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Chung Hwa Food Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 426.234 million compared to TWD 410.334 million a year ago. Operating income was TWD 114.221 million compared to TWD 103.993 million a year ago. Net income was TWD 100.087 million compared to TWD 84.554 million a year ago. Basic earnings per share was TWD 1.24 compared to TWD 1.05 a year ago. For the nine months, sales was TWD 1,224.650 million compared to TWD 1,169.702 million a year ago. Operating income was TWD 310.349 million compared to TWD 257.419 million a year ago. Net income was TWD 258.565 million compared to TWD 209.334 million a year ago. Basic earnings per share was TWD 3.2 compared to TWD 2.59 a year ago.
CHUNG HWA FOOD INDUSTRIAL CO LTD is a Taiwan-based company principally engaged in the manufacture and distribution of food products. The Company provides bean curd products, including hot pot bean curd, egg bean curd, daily bean curd, organic bean curd, cold cooking bean curd, fried bean curd and others; hot pot ingredients, as well as tofu pudding products, among others. It distributes its products primarily in domestic market.
CHUNG HWA FOOD INDUSTRIAL CO., LTD. 
