Taiyen Biotech Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 12:24 pm EST
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Taiyen Biotech Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 756.759 million compared to TWD 775.998 million a year ago. Net income was TWD 96.155 million compared to TWD 85.897 million a year ago. Basic earnings per share was TWD 0.48 compared to TWD 0.43 a year ago. For the nine months, sales was TWD 2,272.066 million compared to TWD 2,170.967 million a year ago. Net income was TWD 243.793 million compared to TWD 270.989 million a year ago. Basic earnings per share was TWD 1.22 compared to TWD 1.35 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.