Polygreen Resources Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 04:50 pm
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Polygreen Resources Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 83.53 million compared to TWD 43.45 million a year ago. Revenue was TWD 83.53 million compared to TWD 43.45 million a year ago. Net income was TWD 8.43 million compared to net loss of TWD 0.721 million a year ago. Basic earnings per share from continuing operations was TWD 0.3238 compared to basic loss per share from continuing operations of TWD 0.0278 a year ago. Diluted earnings per share from continuing operations was TWD 0.3238 compared to diluted loss per share from continuing operations of TWD 0.0278 a year ago.
For the nine months, sales was TWD 238.75 million compared to TWD 194.84 million a year ago. Revenue was TWD 238.75 million compared to TWD 194.84 million a year ago. Net income was TWD 21.22 million compared to TWD 10.84 million a year ago. Basic earnings per share from continuing operations was TWD 0.8095 compared to TWD 0.419 a year ago. Diluted earnings per share from continuing operations was TWD 0.8095 compared to TWD 0.419 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. 
