Polygreen Resources Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 09:39 am
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Polygreen Resources Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 83.554 million compared to TWD 80.329 million a year ago. Operating income was TWD 7.027 million compared to TWD 13.285 million a year ago. Net income was TWD 8.126 million compared to TWD 8.910 million a year ago. Basic earnings per share was TWD 0.37 compared to TWD 0.4 a year ago. For the nine months, sales was TWD 249.618 million compared to TWD 245.573 million a year ago. Operating income was TWD 29.765 million compared to TWD 35.566 million a year ago. Net income was TWD 25.835 million compared to TWD 28.136 million a year ago. Basic earnings per share was TWD 1.17 compared to TWD 1.27 a year ago.
Polygreen Resources Co., Ltd. is engaged in resource recycling and environmental protection. The Company's products include TYREC-Tyrec Reclaimed Rubber, which is used in tires, conveyor belts, inner tubes, ring pads, rubber matting, shoe soles, vibration pads, dock fenders and other rubber products; BUREC-Butyl Reclaimed Rubber, which is used in butyl inner tubes, tire inner liners, butyl adhesives and other butyl rubber-related products; NAREC-Natural Inner Tube Reclaimed Rubber, which is used in the rubber matting, shoe soles and other rubber products; T-Mesh-Crumb Rubber, which is used in various rubber products as compounding substitutes, such as tire, ring pads, and rubber matting, and rubber granule, which is used in the underlayment for running tracks, children's playgrounds, gym, and rubber tiles.
POLYGREEN RESOURCES CO., LTD. 
