China Glaze Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 11, 2018 at 12:30 pm EST
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China Glaze Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 659.925 million compared to TWD 692.556 million a year ago. Operating income was TWD 17.895 million compared to TWD 21.045 million a year ago. Net income was TWD 16.022 million compared to TWD 15.811 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.09 a year ago.
For the nine months, sales was TWD 1,898.117 million compared to TWD 1,799.400 million a year ago. Operating income was TWD 0.387 million compared to operating loss of TWD 48.646 million a year ago. Net income was TWD 12.921 million compared to TWD 4.104 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 0.02 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.