Yonyu Plastics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 01:23 am EST
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Yonyu Plastics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 857.11 million compared to TWD 964.51 million a year ago. Net income was TWD 17.34 million compared to TWD 49.65 million a year ago. Basic earnings per share from continuing operations was TWD 0.19 compared to TWD 0.55 a year ago. Diluted earnings per share from continuing operations was TWD 0.19 compared to TWD 0.55 a year ago.
For the nine months, sales was TWD 2,504.1 million compared to TWD 2,853.39 million a year ago. Net income was TWD 64.45 million compared to TWD 126.85 million a year ago. Basic earnings per share from continuing operations was TWD 0.71 compared to TWD 1.4 a year ago. Diluted earnings per share from continuing operations was TWD 0.71 compared to TWD 1.39 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.