Swancor Holding Co., LTD. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 05, 2022
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Swancor Holding Co., LTD. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 2,486.27 million compared to TWD 2,625.46 million a year ago. Net income was TWD 58.31 million compared to TWD 54.74 million a year ago. Basic earnings per share was TWD 0.63 compared to TWD 0.59 a year ago. Diluted earnings per share was TWD 0.53 compared to TWD 0.59 a year ago.
Swancor Holding Co Ltd is a Taiwan-based company mainly engage in the provision of resins. The new materials business is engaged in the provision of environmental protection and corrosion resistant materials such as vinyl ester resins and special unsaturated polyester resins, wind power blade materials such as infusion resins, mold resins, adhesives and prepreg resins for wind turbine blade beams, as well as composite materials such as environmentally friendly resins, rail transit safety materials and epoxy resins. The carbon fiber composite materials business is engage in the provision of wind power prepregs, flame-retardant prepregs, carbon fiber pultruded sheets and thermoplastic sheets. The offshore wind power business is engaged in the provision of offshore wind power development and maintenance services, energy technology services. The Company is also engaged in investment and technology business. The Company operates in Taiwan and mainland China markets.