San Fang Chemical Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 09, 2021 at 04:08 am
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San Fang Chemical Industry Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,685.37 million compared to TWD 2,046.58 million a year ago. Net loss was TWD 163.55 million compared to net income of TWD 99.74 million a year ago. Basic loss per share from continuing operations was TWD 0.41 compared to basic earnings per share from continuing operations of TWD 0.25 a year ago. Diluted loss per share from continuing operations was TWD 0.41 compared to diluted earnings per share from continuing operations of TWD 0.25 a year ago.
For the nine months, sales was TWD 6,268.57 million compared to TWD 6,175.09 million a year ago. Net income was TWD 95.73 million compared to TWD 124.2 million a year ago. Basic earnings per share from continuing operations was TWD 0.24 compared to TWD 0.31 a year ago. Diluted earnings per share from continuing operations was TWD 0.24 compared to TWD 0.31 a year ago.
SAN FANG CHEMICAL INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture and sales of leather products. The products of the Company include wet synthetic leather, ultrafine artificial leather, dry and environmental friendly synthetic leather and other film materials. Its products are applied in footwear materials, furniture, balls, automotive materials, covering materials for electronic products, medical materials and construction materials, among others. The Company operates businesses in Taiwan, China, Hong Kong and Southeast Asia.