Yong Shun Chemical Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 02:28 pm EDT
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Yong Shun Chemical Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 109.098 million compared to TWD 269.177 million a year ago. Operating loss was TWD 5.681 million compared to operating Income of TWD 3.335 million a year ago. Net income was TWD 5.398 million compared to TWD 4.549 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.07 a year ago. For the half year, sales was TWD 347.198 million compared to TWD 525.929 million a year ago. Operating income was TWD 10.384 million compared to TWD 4.190 million a year ago. Net income was TWD 20.663 million compared to TWD 6.041 million a year ago. Basic earnings per share was TWD 0.34 compared to TWD 0.1 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.
YONG SHUN CHEMICAL CO., LTD 
