Taiyen Biotech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022 at 04:37 am EST
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Taiyen Biotech Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 976.47 million compared to TWD 1,124.03 million a year ago. Net income was TWD 162.64 million compared to TWD 100.5 million a year ago. Basic earnings per share from continuing operations was TWD 0.81 compared to TWD 0.5 a year ago. Diluted earnings per share from continuing operations was TWD 0.81 compared to TWD 0.5 a year ago.
For the nine months, sales was TWD 2,773.17 million compared to TWD 2,900.22 million a year ago. Net income was TWD 335.76 million compared to TWD 309.93 million a year ago. Basic earnings per share from continuing operations was TWD 1.68 compared to TWD 1.55 a year ago. Diluted earnings per share from continuing operations was TWD 1.68 compared to TWD 1.55 a year ago.
Taiyen Biotech Co., Ltd is a Taiwan-based company mainly engaged in the manufacture, distribution and trading of salt products, salt by-products and other salt derivatives. The Company offers salt products, skin care and cosmetics, bottled water products, facial and body cleansers, health and dietary supplements, as well as other products, such as collagen raw materials, biomedical materials, microbial agents and others. The Companyâs salt products include fine salts, dried salts, low sodium salts, bay salts and other salts, which are applied in industry, agriculture, food processing, cooking and others. The Company distributes its products in Taiwan market and to overseas markets.