Yong Shun Chemical Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
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Yong Shun Chemical Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 242.18 million compared to TWD 202.54 million a year ago. Net income was TWD 6.04 million compared to TWD 9.67 million a year ago. Basic earnings per share from continuing operations was TWD 0.1 compared to TWD 0.16 a year ago. Diluted earnings per share from continuing operations was TWD 0.1 compared to TWD 0.16 a year ago.
For the nine months, sales was TWD 869.22 million compared to TWD 549.74 million a year ago. Net income was TWD 66.04 million compared to TWD 30.33 million a year ago. Basic earnings per share from continuing operations was TWD 1.08 compared to TWD 0.5 a year ago. Diluted earnings per share from continuing operations was TWD 1.08 compared to TWD 0.5 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.