Taiwan Fructose Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Taiwan Fructose 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 1,389.82 million compared to TWD 1,283.42 million a year ago. Revenue was TWD 1,389.82 million compared to TWD 1,283.42 million a year ago. Net income was TWD 65.17 million compared to TWD 28.92 million a year ago. Basic earnings per share from continuing operations was TWD 0.3474 compared to TWD 0.1502 a year ago. Diluted earnings per share from continuing operations was TWD 0.3474 compared to TWD 0.1502 a year ago.
For the six months, sales was TWD 2,673.89 million compared to TWD 2,454.65 million a year ago. Revenue was TWD 2,673.89 million compared to TWD 2,454.65 million a year ago. Net income was TWD 128.55 million compared to TWD 93.28 million a year ago. Basic earnings per share from continuing operations was TWD 0.6854 compared to TWD 0.4977 a year ago. Diluted earnings per share from continuing operations was TWD 0.6854 compared to TWD 0.4977 a year ago.
TAIWAN FRUCTOSE CO., LTD. is a Taiwan-based company principally engaged in the production, processing and sales of fructose and maltose. The Companyâs primary products include fructose, maltose, oligosaccharide, maltodextrin, sorbierite, crystalline dextrose and starch. The Company's products are mainly used for the production of beverage, dairy products, ice-cream, desserts, baking food and soy sauce. The Company mainly distributes its products in Taiwan market.