Yonyu Plastics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 08:04 am EDT
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Yonyu Plastics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 894.486 million compared to TWD 902.633 million a year ago. Operating income was TWD 132.308 million compared to TWD 109.926 million a year ago. Net income was TWD 91.659 million compared to TWD 80.016 million a year ago. Basic earnings per share was TWD 1.01 compared to TWD 0.88 a year ago. For the half year, sales was TWD 1,661.829 million compared to TWD 1,747.440 million a year ago. Operating income was TWD 240.886 million compared to TWD 200.633 million a year ago. Net income was TWD 159.320 million compared to TWD 137.787 million a year ago. Basic earnings per share was TWD 1.75 compared to TWD 1.52 a year ago. Diluted earnings per share was TWD 1.74 compared to TWD 1.51 a year ago.
YONYU PLASTICS CO., LTD is a Taiwan-based company principally engaged in the manufacture and distribution of plastic products. The Company's products include plastic containers, plastic closures, plastic tubes and cable fasteners. Its plastic containers, closures and tubes are applied in the packaging of cosmetics, foods, medicines, oil products and others. Its cable fasteners are applied in the packaging of electronic and electrical products, bicycles, machines, automobiles and others. The Company distributes its products in Taiwan, Mainland China, Europe, the Americas, Japan and others.