Swancor Holding Co., LTD. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 02, 2022 at 06:02 pm EDT
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Swancor Holding 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 2,356.28 million compared to TWD 2,370.04 million a year ago. Net income was TWD 629.04 million compared to net loss of TWD 9.09 million a year ago. Basic earnings per share from continuing operations was TWD 6.46 compared to basic loss per share from continuing operations of TWD 0.1 a year ago. Diluted earnings per share from continuing operations was TWD 5.62 compared to diluted loss per share from continuing operations of TWD 0.13 a year ago.
For the nine months, sales was TWD 7,465.41 million compared to TWD 7,792.04 million a year ago. Net income was TWD 789.71 million compared to TWD 83.26 million a year ago. Basic earnings per share from continuing operations was TWD 8.35 compared to TWD 0.9 a year ago. Diluted earnings per share from continuing operations was TWD 7.06 compared to TWD 0.86 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.
SWANCOR HOLDING CO., LTD. 
