Taiwan Wax Company,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:32 pm EST
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Taiwan Wax Company,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 172.098 million compared to TWD 94.905 million a year ago. Operating income was TWD 8.805 million compared to operating loss of TWD 16.256 million a year ago. Net income was TWD 6.735 million compared to net loss of TWD 34.111 million a year ago. Basic earnings per share was TWD 0.11 compared to basic loss per share of TWD 0.63 a year ago. For the nine months, sales was TWD 725.020 million compared to TWD 290.135 million a year ago. Operating income was TWD 53.166 million compared to operating loss of TWD 71.501 million a year ago. Net income was TWD 43.682 million compared to net loss of TWD 97.977 million a year ago. Basic earnings per share was TWD 0.76 compared to basic loss per share of TWD 1.9 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. 