Yong Shun Chemical Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 08:42 am EST
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Yong Shun Chemical Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 311.110 million compared to TWD 329.653 million a year ago. Net income was TWD 1.492 million compared to TWD 16.798 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.28 a year ago.
For the nine months, sales was TWD 857.925 million compared to TWD 983.863 million a year ago. Net income was TWD 30.554 million compared to TWD 51.780 million a year ago. Basic earnings per share was TWD 0.5 compared to TWD 0.85 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.