Shiny Chemical Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 26, 2021
Share
Shiny Chemical Industrial 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 2,986.88 million compared to TWD 1,858.65 million a year ago. Revenue was TWD 2,986.88 million compared to TWD 1,858.65 million a year ago. Net income was TWD 391.35 million compared to TWD 291.39 million a year ago. Basic earnings per share from continuing operations was TWD 1.568 compared to TWD 1.168 a year ago. Diluted earnings per share from continuing operations was TWD 1.56 compared to TWD 1.16 a year ago.
For the nine months, sales was TWD 8,002.03 million compared to TWD 5,676.21 million a year ago. Revenue was TWD 8,002.03 million compared to TWD 5,676.21 million a year ago. Net income was TWD 1,202.78 million compared to TWD 847.74 million a year ago. Basic earnings per share from continuing operations was TWD 4.808 compared to TWD 3.392 a year ago. Diluted earnings per share from continuing operations was TWD 4.784 compared to TWD 3.368 a year ago.
Shiny Chemical Industrial Co., Ltd. is a Taiwan-based company primarily engaged in the manufacture and sales of chemical solvent series products and the trading of raw chemical materials. The Company's solvent series products include electronic grade solvents, industrial grade solvents and formaldehyde series products. The electronic grade solvents include normal butyl acetate, propylene glycol monomethyl ether and acetone. The industrial grade solvents include normal butyl acetate, shinytate, normal propyl acetate, Ibo-Butyl acetate and others. The formaldehyde series products include formalin, urea glue, melamine glue and others. The Company distributes its products in domestic market and to overseas markets, including Korea, Vietnam, Hong Kong and other areas.
SHINY CHEMICAL INDUSTRIAL CO., LTD. 
