Polygreen Resources Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 05:41 pm EST
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Polygreen Resources Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 82.68 million compared to TWD 83.53 million a year ago. Revenue was TWD 82.68 million compared to TWD 83.53 million a year ago. Net income was TWD 7.75 million compared to TWD 8.43 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to TWD 0.32 a year ago. Diluted earnings per share from continuing operations was TWD 0.3 compared to TWD 0.32 a year ago.
For the nine months, sales was TWD 245.96 million compared to TWD 238.75 million a year ago. Revenue was TWD 245.96 million compared to TWD 238.75 million a year ago. Net income was TWD 19.36 million compared to TWD 21.22 million a year ago. Basic earnings per share from continuing operations was TWD 0.74 compared to TWD 0.81 a year ago. Diluted earnings per share from continuing operations was TWD 0.74 compared to TWD 0.81 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. 
