Shih-Kuen Plastics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022
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Shih-Kuen Plastics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 185.57 million compared to TWD 268.99 million a year ago. Net income was TWD 46.66 million compared to TWD 22.06 million a year ago. Basic earnings per share from continuing operations was TWD 0.85 compared to TWD 0.4 a year ago. Diluted earnings per share from continuing operations was TWD 0.85 compared to TWD 0.4 a year ago.
For the nine months, sales was TWD 707.19 million compared to TWD 815.85 million a year ago. Net income was TWD 132.24 million compared to TWD 76.16 million a year ago. Basic earnings per share from continuing operations was TWD 2.4 compared to TWD 1.38 a year ago. Diluted earnings per share from continuing operations was TWD 2.39 compared to TWD 1.38 a year ago.
Shih-Kuen Plastics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and trading of plastic sheet products. The Company provides general plastic sheets, pressurizing plastic sheets, fitting plastic sheets and semi-rigid plastic sheets. The Companyâ plastic sheets are applied in thermal protective bags, raincoats, stationeries, furniture, sports shoes, floor tiles, handbags, desk pads, construction materials and others. The Company distributes its products in domestic market and to overseas markets.