International Carbide Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 05:22 pm EDT
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INternational CArbide Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 188.059 million compared to TWD 120.664 million a year ago. Operating income was TWD 42.556 million compared to TWD 20.743 million a year ago. Net income was TWD 33.794 million compared to TWD 19.109 million a year ago. Basic earnings per share was TWD 1.8 compared to TWD 1.02 a year ago. Diluted earnings per share was TWD 1.79 compared to TWD 1.01 a year ago. For the half year, sales was TWD 292.919 million compared to TWD 213.130 million a year ago. Operating income was TWD 50.999 million compared to TWD 24.399 million a year ago. Net income was TWD 40.730 million compared to TWD 29.861 million a year ago. Basic earnings per share was TWD 2.17 compared to TWD 1.59 a year ago. Diluted earnings per share was TWD 2.15 compared to TWD 1.58 a year ago.
INTERNATIONAL CARBIDE TECHNOLOGY CO.,LTD. is a Taiwan-based company principally engaged in the research, development, production and sales of environmentally friendly fire safety products. The Company's main products include fire retardant coatings, fire protection materials, flame retardants and others. The Company is also involved in the contracting of fire protection projects. The Company distributes its products in the domestic market and to overseas markets.