Yuan Jen Enterprises Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 11:59 am EST
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Yuan Jen Enterprises Co.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 2,078.624 million compared to TWD 2,345.504 million a year ago. Operating income was TWD 54.849 million compared to TWD 62.279 million a year ago. Net income was TWD 114.053 million compared to TWD 102.703 million a year ago. Basic earnings per share was TWD 0.63 compared to TWD 0.57 a year ago. For the nine months, sales was TWD 6,533.263 million compared to TWD 7,465.947 million a year ago. Operating income was TWD 128.946 million compared to TWD 172.595 million a year ago. Net income was TWD 177.254 million compared to TWD 190.731 million a year ago. Basic earnings per share was TWD 0.97 compared to TWD 1.05 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.