Yuan Jen Enterprises Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 02:50 pm EDT
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Yuan Jen Enterprises Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 1,688.105 million compared to TWD 2,213.251 million a year ago. Operating income was TWD 23.469 million compared to TWD 34.571 million a year ago. Net income was TWD 27.713 million compared to TWD 25.494 million a year ago. Basic earnings per share was TWD 0.15 compared to TWD 0.14 a year ago. For the half year, total revenue was TWD 3,326.667 million compared to TWD 4,454.639 million a year ago. Operating income was TWD 46.924 million compared to TWD 74.097 million a year ago. Net income was TWD 39.113 million compared to TWD 63.201 million a year ago. Basic earnings per share was TWD 0.22 compared to TWD 0.35 a year ago. Diluted earnings per share was TWD 0.21 compared to TWD 0.35 a year ago.
Yuan Jen Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the trading of plastic and chemical products. The Company provides plastic products, which are applied in the manufacture of electronic components, electric fans, gears, packaging materials and toys; chemical products, which are applied in the manufacture of paint thinners, polyurethane (PU) curing coatings, resins, ultraviolet (UV) curing printing ink and others; oil products, which are applied in the manufacture of boiler oil products in factories, as well as other chemical products. The Company operates its businesses primarily in Taiwan and Mainland China.