Yong Shun Chemical Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 03:20 pm EDT
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Yong Shun Chemical Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 269.177 million compared to TWD 278.747 million a year ago. Operating income was TWD 3.335 million compared to TWD 9.504 million a year ago. Net income was TWD 4.549 million compared to TWD 10.710 million a year ago. Basic earnings per share was TWD 0.07 compared to TWD 0.18 a year ago. For the half year, sales was TWD 525.929 million compared to TWD 546.815 million a year ago. Operating income was TWD 4.190 million compared to TWD 25.606 million a year ago. Net income was TWD 6.041 million compared to TWD 29.062 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.48 a year ago.
YONG SHUN CHEMICAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of unsaturated polyester resin and acid alcohol resin. The Company mainly offers products including unsaturated polyester resin, acid alcohol resin, acid-resistant coatings, chemical tanks, and polyurethane particles, among others. The Companyâs unsaturated polyester resin is applied in fiber reinforce plastic products, castings and coatings, among others. The Companyâs acid alcohol resin is applied in foams, coatings, adhesives, synthetic leather and waterproof material. The Company primarily distributes its products within the domestic market and to overseas markets, including mainland China, Hong Kong, Japan and Southeast Asia.