Tai Roun Products Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 13, 2023 at 10:09 pm EDT
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Tai Roun Products Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 831.9 million compared to TWD 834.12 million a year ago. Net income was TWD 35.07 million compared to TWD 17.49 million a year ago. Basic earnings per share from continuing operations was TWD 0.2 compared to TWD 0.1 a year ago. Diluted earnings per share from continuing operations was TWD 0.2 compared to TWD 0.1 a year ago.
For the six months, sales was TWD 1,488 million compared to TWD 1,652.92 million a year ago. Net income was TWD 28.26 million compared to TWD 50.81 million a year ago. Basic earnings per share from continuing operations was TWD 0.16 compared to TWD 0.29 a year ago. Diluted earnings per share from continuing operations was TWD 0.16 compared to TWD 0.29 a year ago.
TAIROUN PRODUCTS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and trading of feedstuff, fructose products, corn starches and aquatic products. The Company operates through seven segments. Feedstuff segment provides feedstuff for pig, chicken, fish and shrimp. Fructose Products segment mainly provides high fructose syrups. Starches segment provides corn starches, corn gluten meal, corn germs and corn bran. Aquatic Products Trading segment is engaged in the trading of aquatic products. Olive segment is engaged in the trading of olives. Frozen Broiled Eel segment is engaged in the manufacture, processing and trading of frozen broiled eels. Others segment is engaged in the manufacture, processing and trading of other agricultural products and frozen foods, as well as the leasing of kitchens. The Company operates businesses in Taiwan, China and Japan.