Charoen Pokphand Enterprisetaiwan Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 03:20 pm EDT
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Charoen Pokphand EnterpriseTaiwan Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 5,150.471 million compared to TWD 4,528.957 million a year ago. Operating income was TWD 487.614 million compared to TWD 223.968 million a year ago. Net income was TWD 389.744 million compared to TWD 129.672 million a year ago. Basic earnings per share from continuing operations was TWD 1.43 compared to TWD 0.44 a year ago. Basic earnings per share was TWD 1.46 compared to TWD 0.48 a year ago. For the half year, sales was TWD 10,185.768 million compared to TWD 9,080.206 million a year ago. Operating income was TWD 824.744 million compared to TWD 550.734 million a year ago. Net income was TWD 631.874 million compared to TWD 393.036 million a year ago. Basic earnings per share from continuing operations was TWD 2.37 compared to TWD 1.41 a year ago. Basic earnings per share was TWD 2.36 compared to TWD 1.47 a year ago.
CHAROEN POKPHAND ENTERPRISE (TAIWAN) CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of feedstuff and meat products. The products of the Company include processed meat products, meat products and feedstuff and processed cooked feedstuff. Its processes meat products include chicken floss, hams, chicken nuggets, chicken chops and bacons, among others. The Company operates through four segments. Feedstuff segment is engaged in the production of feedstuff and the wholesales of materials. Meat Processing segment is engaged in the electric slaughtering of poultries. Food Processing segment is engaged in the processing of cooked meat products. Breeding Chicken segment is engaged in the cultivation of meat-type and egg-type breeding chicken and chicks.