Polygreen Resources Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 23, 2023 at 10:03 pm EDT
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Polygreen Resources 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 90.55 million compared to TWD 80.37 million a year ago. Revenue was TWD 90.55 million compared to TWD 80.37 million a year ago. Net income was TWD 10.1 million compared to TWD 6.45 million a year ago. Basic earnings per share from continuing operations was TWD 0.3905 compared to TWD 0.2476 a year ago. Diluted earnings per share from continuing operations was TWD 0.3905 compared to TWD 0.2476 a year ago.
For the six months, sales was TWD 163.28 million compared to TWD 155.22 million a year ago. Revenue was TWD 163.28 million compared to TWD 155.22 million a year ago. Net income was TWD 11.61 million compared to TWD 12.79 million a year ago. Basic earnings per share from continuing operations was TWD 0.4476 compared to TWD 0.4952 a year ago. Diluted earnings per share from continuing operations was TWD 0.4476 compared to TWD 0.4952 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.
POLYGREEN RESOURCES CO., LTD. 
