Yung Chi Paint & Varnish Mfg.Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 12:41 pm EST
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Yung Chi Paint & Varnish Mfg.Co.,Ltd announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 1,937.241 million compared to TWD 2,006.299 million a year ago. Operating income was TWD 192.630 million compared to TWD 174.946 million a year ago. Net income was TWD 162.613 million compared to TWD 183.723 million a year ago. Basic earnings per share was TWD 1 compared to TWD 1.14 a year ago. For the nine months, total revenue was TWD 5,709.259 million compared to TWD 6,011.951 million a year ago. Operating income was TWD 547.540 million compared to TWD 594.261 million a year ago. Net income was TWD 462.103 million compared to TWD 605.727 million a year ago. Basic earnings per share was TWD 2.85 compared to TWD 3.74 a year ago.
YUNG CHI PAINT & VARNISH MFG. CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of paint products. The Company provides paint, including construction paint, anti-corrosion paint, ship paint, special purpose paint, can paint, steel roll paint, nuclear power paint and others, as well as fire-proof construction materials, including coatings and mixed fire-proof materials. The Company is also involved in undertaking of painting projects. The Company distributes its products in domestic market and to overseas markets.