Nan Pao Resins Chemical Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 06:47 am EDT
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Nan Pao Resins Chemical Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 5,083.35 million compared to TWD 5,611.21 million a year ago. Net income was TWD 456.66 million compared to TWD 310.85 million a year ago. Basic earnings per share from continuing operations was TWD 3.79 compared to TWD 2.58 a year ago. Diluted earnings per share from continuing operations was TWD 3.79 compared to TWD 2.58 a year ago.
For the six months, sales was TWD 9,612.43 million compared to TWD 10,558.95 million a year ago. Net income was TWD 1,167.72 million compared to TWD 1,056.54 million a year ago. Basic earnings per share from continuing operations was TWD 9.68 compared to TWD 8.76 a year ago. Diluted earnings per share from continuing operations was TWD 9.66 compared to TWD 8.74 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.