Swancor Holding Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 04:04 pm EST
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Swancor Holding Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 3,006.765 million compared to TWD 1,536.735 million a year ago. Operating income was TWD 316.371 million compared to TWD 108.112 million a year ago. Net income was TWD 221.186 million compared to TWD 45.941 million a year ago. Basic earnings per share from continuing operations was TWD 2.41 compared to TWD 0.31 a year ago. Basic earnings per share was TWD 2.41 compared to TWD 0.5 a year ago. Diluted earnings per share from continuing operations was TWD 2.4 compared to TWD 0.31 a year ago. Diluted earnings per share was TWD 2.4 compared to TWD 0.5 a year ago. For the nine months, sales was TWD 6,472.405 million compared to TWD 4,508.211 million a year ago. Operating income was TWD 590.953 million compared to TWD 293.029 million a year ago. Net income was TWD 516.224 million compared to TWD 462.515 million a year ago. Basic earnings per share from continuing operations was TWD 5.63 compared to TWD 4.47 a year ago. Basic earnings per share was TWD 5.63 compared to TWD 5.03 a year ago. Diluted earnings per share from continuing operations was TWD 5.61 compared to TWD 4.46 a year ago. Diluted earnings per share was TWD 5.61 compared to TWD 5.02 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. 
