Nan Pao Resins Chemical Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 07:35 am EST
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Nan Pao Resins Chemical Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 4,010.476 million compared to TWD 4,489.396 million a year ago. Operating income was TWD 476.251 million compared to TWD 479.527 million a year ago. Net income was TWD 402.120 million compared to TWD 345.572 million a year ago. Basic earnings per share was TWD 3.34 compared to TWD 2.87 a year ago. Diluted earnings per share was TWD 3.33 compared to TWD 2.86 a year ago. For the nine months, sales was TWD 11,090.562 million compared to TWD 12,588.718 million a year ago. Operating income was TWD 1,006.581 million compared to TWD 1,217.510 million a year ago. Net income was TWD 871.532 million compared to TWD 891.856 million a year ago. Basic earnings per share was TWD 7.23 compared to TWD 7.4 a year ago. Diluted earnings per share was TWD 7.21 compared to TWD 7.38 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.