Tai Roun Products Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 10:51 am
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Tai Roun Products Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 641.516 million compared to TWD 694.541 million a year ago. Operating income was TWD 36.043 million compared to TWD 43.237 million a year ago. Net income was TWD 52.725 million compared to TWD 25.079 million a year ago. Basic earnings per share was TWD 0.3 compared to TWD 0.14 a year ago. For the half year, sales was TWD 1,242.906 million compared to TWD 1,307.138 million a year ago. Operating income was TWD 79.013 million compared to TWD 56.793 million a year ago. Net income was TWD 69.388 million compared to TWD 34.184 million a year ago. Basic earnings per share was TWD 0.39 compared to TWD 0.19 a year ago.
TAIROUN PRODUCTS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and trading of feedstuff, fructose products, corn starches and aquatic products. The Company operates through seven segments. Feedstuff segment provides feedstuff for pig, chicken, fish and shrimp. Fructose Products segment mainly provides high fructose syrups. Starches segment provides corn starches, corn gluten meal, corn germs and corn bran. Aquatic Products Trading segment is engaged in the trading of aquatic products. Olive segment is engaged in the trading of olives. Frozen Broiled Eel segment is engaged in the manufacture, processing and trading of frozen broiled eels. Others segment is engaged in the manufacture, processing and trading of other agricultural products and frozen foods, as well as the leasing of kitchens. The Company operates businesses in Taiwan, China and Japan.