Great Wall Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:14 pm EDT
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Great Wall Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 19,151.472 million compared to TWD 18,983.549 million a year ago. Operating income was TWD 1,087.099 million compared to TWD 836.249 million a year ago. Net income was TWD 738.495 million compared to TWD 572.086 million a year ago. Basic earnings per share was TWD 0.94 compared to TWD 0.73 a year ago. For the half year, sales was TWD 37,483.260 million compared to TWD 37,169.736 million a year ago. Operating income was TWD 1,911.806 million compared to TWD 1,510.249 million a year ago. Net income was TWD 1,298.286 million compared to TWD 1,052.034 million a year ago. Basic earnings per share was TWD 1.66 compared to TWD 1.36 a year ago. Diluted earnings per share was TWD 1.66 compared to TWD 1.35 a year ago.
GREAT WALL ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of animal feedstuffs and meat products. The Company operates through four segments. Feedstuffs segment manufactures and sells feedstuffs for chicken, duck, pigs, cattle, sheep and fish, among others. Meat Products segment manufactures and sells fresh chicken and its processed products. Bulk Oil Products segment is engaged in the trading of soybean processed products. Consumable Food segment manufactures and sells consumable foods, such as chicken floss, noodles and chicken nuggets, among others. The Company mainly operates businesses in the domestic market.