Taiwan Fructose Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 02:19 pm EDT
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Taiwan Fructose Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 911.250 million compared to TWD 1,033.096 million a year ago. Operating income was TWD 66.986 million compared to TWD 31.331 million a year ago. Net income was TWD 33.944 million compared to TWD 6.006 million a year ago. Basic earnings per share was TWD 0.2 compared to TWD 0.03 a year ago. For the half year, sales was TWD 1,918.218 million compared to TWD 1,997.712 million a year ago. Operating income was TWD 171.210 million compared to TWD 87.585 million a year ago. Net income was TWD 91.056 million compared to TWD 25.667 million a year ago. Basic earnings per share was TWD 0.54 compared to TWD 0.15 a year ago.
TAIWAN FRUCTOSE CO., LTD. is a Taiwan-based company principally engaged in the production, processing and sales of fructose and maltose. The Companyâs primary products include fructose, maltose, oligosaccharide, maltodextrin, sorbierite, crystalline dextrose and starch. The Company's products are mainly used for the production of beverage, dairy products, ice-cream, desserts, baking food and soy sauce. The Company mainly distributes its products in Taiwan market.
TAIWAN FRUCTOSE CO., LTD. 
