Pontex Polyblend Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022
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Pontex Polyblend 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 258.91 million compared to TWD 345.62 million a year ago. Revenue was TWD 258.91 million compared to TWD 345.62 million a year ago. Net income was TWD 5.35 million compared to TWD 11.18 million a year ago. Basic earnings per share from continuing operations was TWD 0.0585 compared to TWD 0.1266 a year ago. Diluted earnings per share from continuing operations was TWD 0.0585 compared to TWD 0.1266 a year ago.
For the nine months, sales was TWD 857.94 million compared to TWD 1,073.16 million a year ago. Revenue was TWD 857.94 million compared to TWD 1,073.16 million a year ago. Net income was TWD 30.72 million compared to TWD 52.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.3507 compared to TWD 0.6137 a year ago. Diluted earnings per share from continuing operations was TWD 0.3507 compared to TWD 0.6137 a year ago.
PONTEX POLYBLEND CO., LTD. is a Taiwan-based company principally engaged in the design, development and manufacturing of spare parts and engineering plastics. The Company mainly operates through two business segments. The Equipment Components segment is mainly engaged in the manufacture, processing and trading of plastic injection molding products, including the soles, sports equipment and related spare parts. The Composite Materials segment is mainly engaged in the manufacture, processing and trading of engineering plastic materials, including the glass and fireproof composite materials, as well as nylon 6 and nylon 66 cold resistant materials. The Company mainly operates its businesses in Taiwan and the rest of Asia.