Shih-Kuen Plastics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 06, 2019 at 11:54 am
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Shih-Kuen Plastics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 261.912 million compared to TWD 277.879 million a year ago. Operating income was TWD 38.474 million compared to TWD 44.984 million a year ago. Net income was TWD 31.937 million compared to TWD 36.166 million a year ago. Basic earnings per share was TWD 0.58 compared to TWD 0.66 a year ago. For the nine months, sales was TWD 792.280 million compared to TWD 867.254 million a year ago. Operating income was TWD 127.796 million compared to TWD 151.060 million a year ago. Net income was TWD 112.319 million compared to TWD 133.590 million a year ago. Basic earnings per share was TWD 2.04 compared to TWD 2.43 a year ago. Diluted earnings per share was TWD 2.04 compared to TWD 2.42 a year ago.
Shih Kuen Plastics Co Ltd is a Taiwan-based company principally engaged in the manufacturing, processing, and trading of various plastic cloth products. The Company provides general plastic sheeting, pressurized plastic sheeting, laminated plastic sheeting and semi-rigid plastic sheeting. The products are mainly used in raincoats, shower curtains, tablecloths, stationery, inflatable toys, quilt bags, furniture covers, car curtains, advertising signs, inkjet advertising, mesh rain sails, electrical tapes, packaging tapes, table mats, static electricity Film, and others. The Company sells its products in domestic and overseas markets.