Nan Pao Resins Chemical Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 05:28 pm EDT
Share
Nan Pao Resins Chemical Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 3,345.698 million compared to TWD 4,351.508 million a year ago. Operating income was TWD 219.505 million compared to TWD 475.297 million a year ago. Net income was TWD 234.526 million compared to TWD 395.173 million a year ago. Basic earnings per share was TWD 1.95 compared to TWD 3.28 a year ago. Diluted earnings per share was TWD 1.94 compared to TWD 3.27 a year ago. For the half year, sales was TWD 7,080.086 million compared to TWD 8,099.322 million a year ago. Operating income was TWD 530.330 million compared to TWD 737.983 million a year ago. Net income was TWD 469.412 million compared to TWD 546.284 million a year ago. Basic earnings per share was TWD 3.89 compared to TWD 4.53 a year ago. Diluted earnings per share was TWD 3.88 compared to TWD 4.52 a year ago.
Nan Pao Resins Chemical Co Ltd is a Taiwan-based company mainly engaged in the manufacture of synthetic resin and painting materials. The Company's main products include shoe-adhesives, solvent-based adhesives, yellow latex, blister pack adhesives, woodworking, building and decorating adhesives, decorative or functional coatings of metal products and waterproof coatings. The Company distributes its products within domestic market and to overseas markets.