Taiwan Wax Company,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Taiwan Wax Company,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 137.53 million compared to TWD 80.78 million a year ago. Revenue was TWD 137.53 million compared to TWD 80.78 million a year ago. Net income was TWD 15.17 million compared to net loss of TWD 15.66 million a year ago. Basic earnings per share from continuing operations was TWD 0.1915 compared to basic loss per share from continuing operations of TWD 0.1915 a year ago.
For the nine months, sales was TWD 409.75 million compared to TWD 280.22 million a year ago. Revenue was TWD 409.75 million compared to TWD 280.22 million a year ago. Net income was TWD 25.5 million compared to net loss of TWD 0.64 million a year ago. Basic earnings per share from continuing operations was TWD 0.3133 compared to basic loss per share from continuing operations of TWD 0.0087 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. 