Shih-Kuen Plastics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Shih-Kuen Plastics Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 216.32 million compared to TWD 262.64 million a year ago. Net income was TWD 45.96 million compared to TWD 43.96 million a year ago. Basic earnings per share from continuing operations was TWD 0.84 compared to TWD 0.8 a year ago. Diluted earnings per share from continuing operations was TWD 0.83 compared to TWD 0.8 a year ago.
For the six months, sales was TWD 433.67 million compared to TWD 521.63 million a year ago. Net income was TWD 76.95 million compared to TWD 85.58 million a year ago. Basic earnings per share from continuing operations was TWD 1.4 compared to TWD 1.56 a year ago. Diluted earnings per share from continuing operations was TWD 1.39 compared to TWD 1.55 a year ago.
Shih-Kuen Plastics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and trading of plastic sheet products. The Company provides general plastic sheets, pressurizing plastic sheets, fitting plastic sheets and semi-rigid plastic sheets. The Companyâ plastic sheets are applied in thermal protective bags, raincoats, stationeries, furniture, sports shoes, floor tiles, handbags, desk pads, construction materials and others. The Company distributes its products in domestic market and to overseas markets.