China Glaze Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 01:51 pm EDT
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China Glaze Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 342.126 million compared to TWD 622.012 million a year ago. Operating loss was TWD 35.241 million compared to TWD 6.514 million a year ago. Net loss was TWD 22.394 million compared to net income of TWD 10.073 million a year ago. Basic loss per share was TWD 0.13 compared to basic earnings per share of TWD 0.06 a year ago. For the half year, sales was TWD 819.679 million compared to TWD 1,114.781 million a year ago. Operating loss was TWD 76.593 million compared to TWD 53.864 million a year ago. Net loss was TWD 46.172 million compared to TWD 20.035 million a year ago. Basic loss per share was TWD 0.28 compared to TWD 0.12 a year ago.
China Glaze Co.,Ltd. is a Taiwan-based company involved in the manufacture of color glazes and jade stones. The Companyâs products mainly include color glazes, jade stones, composite crystal stones, nanocrystalline jade stones, light-emitting diode (LED) photoelectric phosphors and others. Through its subsidiaries, the Company is also engaged in the promotion and marketing of inks and special effect glazes, as well as the design of jade crystal integrated lightings. The Company distributes its products both in domestic markets and to overseas markets.