Taiwan Wax Company, Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 01:50 pm EST
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Taiwan Wax Company Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 94.905 million compared to TWD 108.786 million a year ago. Sales was TWD 94.905 million compared to TWD 108.786 million a year ago. Operating loss was TWD 16.256 million compared to TWD 3.270 million a year ago. Net loss was TWD 34.111 million compared to net income of TWD 1.563 million a year ago. Basic loss per share was TWD 0.63 compared to basic earnings per share of TWD 0.02 a year ago. For the nine months, total revenue was TWD 290.135 million compared to TWD 329.054 million a year ago. Sales was TWD 290.135 million compared to TWD 329.054 million a year ago. Operating loss was TWD 71.501 million compared to operating Income of TWD 1.957 million a year ago. Net loss was TWD 97.977 million compared to net income of TWD 4.870 million a year ago. Basic loss per share was TWD 1.9 compared to basic earnings per share of TWD 0.07 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. 