Chung Hwa Food Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 07, 2018 at 08:45 am EST
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Chung Hwa Food Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 379.962 million compared to TWD 363.888 million a year ago. Operating income was TWD 75.741 million compared to TWD 79.038 million a year ago. Net income was TWD 65.915 million compared to TWD 66.550 million a year ago. Basic earnings per share was TWD 0.82 compared to TWD 0.82 a year ago.
For the nine months, sales was TWD 1,106.023 million compared to TWD 1,050.309 million a year ago. Operating income was TWD 230.803 million compared to TWD 220.431 million a year ago. Net income was TWD 189.410 million compared to TWD 183.365 million a year ago. Basic earnings per share was TWD 2.35 compared to TWD 2.27 a year ago. Diluted earnings per share was TWD 2.34 compared to TWD 2.27 a year ago.
CHUNG HWA FOOD INDUSTRIAL CO LTD is a Taiwan-based company principally engaged in the manufacture and distribution of food products. The Company provides bean curd products, including hot pot bean curd, egg bean curd, daily bean curd, organic bean curd, cold cooking bean curd, fried bean curd and others; hot pot ingredients, as well as tofu pudding products, among others. It distributes its products primarily in domestic market.