Sunny Friend Environmental Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 02:06 pm EST
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Sunny Friend Environmental Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 751.162 million compared to TWD 727.804 million a year ago. Operating income was TWD 323.381 million compared to TWD 352.506 million a year ago. Net income was TWD 247.340 million compared to TWD 284.434 million a year ago. Basic earnings per share was TWD 2.22 compared to TWD 2.55 a year ago. Diluted earnings per share was TWD 2.21 compared to TWD 2.55 a year ago. For the nine months, sales was TWD 2,102.298 million compared to TWD 1,909.870 million a year ago. Operating income was TWD 909.526 million compared to TWD 866.061 million a year ago. Net income was TWD 705.346 million compared to TWD 727.146 million a year ago. Basic earnings per share was TWD 6.33 compared to TWD 6.52 a year ago. Diluted earnings per share was TWD 6.3 compared to TWD 6.5 a year ago.
Sunny Friend Environmental Technology Co Ltd is a Taiwan-based company principally engaged in the removal and disposal of biomedical waste and hazardous waste. The Company is mainly engaged in the removal and disposal of waste through incineration, materialization, solidification and burial. The Company is also involved in the incineration of general business waste, garbage, grease and sludge, as well as the design, planning and construction of small incinerators, incineration plants and landfills. The Company operates its businesses in domestic market.