Pontex Polyblend Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 06:47 pm EDT
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Pontex Polyblend 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 193.65 million compared to TWD 332.62 million a year ago. Revenue was TWD 193.65 million compared to TWD 332.62 million a year ago. Net loss was TWD 9.03 million compared to net income of TWD 23.54 million a year ago. Basic loss per share from continuing operations was TWD 0.0974 compared to basic earnings per share from continuing operations of TWD 0.263 a year ago. Diluted loss per share from continuing operations was TWD 0.0974 compared to diluted earnings per share from continuing operations of TWD 0.263 a year ago.
For the six months, sales was TWD 389.42 million compared to TWD 599.04 million a year ago. Revenue was TWD 389.42 million compared to TWD 599.04 million a year ago. Net loss was TWD 20.11 million compared to net income of TWD 25.37 million a year ago. Basic loss per share from continuing operations was TWD 0.2143 compared to basic earnings per share from continuing operations of TWD 0.2825 a year ago. Diluted loss per share from continuing operations was TWD 0.2143 compared to diluted earnings per share from continuing operations of TWD 0.2825 a year ago.
PONTEX POLYBLEND CO., LTD. is a Taiwan-based company principally engaged in the design, development and manufacturing of spare parts and engineering plastics. The Company mainly operates through two business segments. The Equipment Components segment is mainly engaged in the manufacture, processing and trading of plastic injection molding products, including the soles, sports equipment and related spare parts. The Composite Materials segment is mainly engaged in the manufacture, processing and trading of engineering plastic materials, including the glass and fireproof composite materials, as well as nylon 6 and nylon 66 cold resistant materials. The Company mainly operates its businesses in Taiwan and the rest of Asia.