Taiwan Wax Company,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 03:36 pm EDT
Share
Taiwan Wax Company,Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 288.411 million compared to TWD 101.623 million a year ago. Operating income was TWD 24.037 million compared to operating loss of TWD 47.869 million a year ago. Net income was TWD 24.743 million compared to net loss of TWD 48.320 million a year ago. Basic earnings per share was TWD 0.45 compared to basic loss per share of TWD 0.9 a year ago. For the half year, sales was TWD 552.922 million compared to TWD 195.230 million a year ago. Operating income was TWD 44.361 million compared to operating loss of TWD 55.245 million a year ago. Net income was TWD 36.947 million compared to net loss of TWD 63.866 million a year ago. Basic earnings per share was TWD 0.68 compared to basic loss per share of TWD 1.27 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. 
