Taiwan Wax Company,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 02:48 pm EDT
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Taiwan Wax Company,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 334.889 million compared to TWD 264.511 million a year ago. Operating income was TWD 11.874 million compared to TWD 20.324 million a year ago. Net income was TWD 1.187 million compared to TWD 12.204 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.22 a year ago.
TAIWAN WAX COMPANY, LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of waxes. The Company provides soft waxes, hard waxes, Vaseline materials and products, as well as formulated waxes and chemical products used for wax manufacturing. Its products include refined waxes, microcrystalline waxes, intermediate waxes, oil waxes and others. The wax products are mainly applied in the manufacture of candles, damp proof coatings for cartons, crayons, rubber additives and insulating materials for electronics and others. The Company also provides leasing service. The Company distributes its products within Taiwan market and to the rest of Asia, the Americas and Australia.
TAIWAN WAX COMPANY,LTD. 
