Polygreen Resources Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023
March 14, 2024 at 03:23 am EDT
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Polygreen Resources Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was TWD 324.72 million compared to TWD 321.28 million a year ago. Net income was TWD 24.83 million compared to TWD 29.34 million a year ago.
Basic earnings per share from continuing operations was TWD 0.95 compared to TWD 1.13 a year ago. Diluted earnings per share from continuing operations was TWD 0.95 compared to TWD 1.12 a year ago.
Polygreen Resources Co., Ltd. is engaged in resource recycling and environmental protection. The Company's products include TYREC-Tyrec Reclaimed Rubber, which is used in tires, conveyor belts, inner tubes, ring pads, rubber matting, shoe soles, vibration pads, dock fenders and other rubber products; BUREC-Butyl Reclaimed Rubber, which is used in butyl inner tubes, tire inner liners, butyl adhesives and other butyl rubber-related products; NAREC-Natural Inner Tube Reclaimed Rubber, which is used in the rubber matting, shoe soles and other rubber products; T-Mesh-Crumb Rubber, which is used in various rubber products as compounding substitutes, such as tire, ring pads, and rubber matting, and rubber granule, which is used in the underlayment for running tracks, children's playgrounds, gym, and rubber tiles.