Taiyen Biotech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 06, 2020 at 01:45 pm EDT
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Taiyen Biotech Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 724.457 million compared to TWD 676.048 million a year ago. Operating income was TWD 96.894 million compared to TWD 97.155 million a year ago. Net income was TWD 65.850 million compared to TWD 95.497 million a year ago. Basic earnings per share was TWD 0.33 compared to TWD 0.48 a year ago.
Taiyen Biotech Co., Ltd is a Taiwan-based company mainly engaged in the manufacture, distribution and trading of salt products, salt by-products and other salt derivatives. The Company offers salt products, skin care and cosmetics, bottled water products, facial and body cleansers, health and dietary supplements, as well as other products, such as collagen raw materials, biomedical materials, microbial agents and others. The Companyâs salt products include fine salts, dried salts, low sodium salts, bay salts and other salts, which are applied in industry, agriculture, food processing, cooking and others. The Company distributes its products in Taiwan market and to overseas markets.
TAIYEN BIOTECH CO., LTD. 
