Ten Ren Tea Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 01:49 pm
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Ten Ren Tea Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 537.070 million compared to TWD 533.317 million a year ago. Operating income was TWD 36.446 million compared to TWD 43.525 million a year ago. Net income was TWD 41.532 million compared to TWD 55.433 million a year ago. Basic earnings per share was TWD 0.46 compared to TWD 0.61 a year ago. For the half year, sales was TWD 1,099.704 million compared to TWD 1,086.757 million a year ago. Operating income was TWD 91.116 million compared to TWD 94.192 million a year ago. Net income was TWD 85.639 million compared to TWD 94.160 million a year ago. Basic earnings per share was TWD 0.95 compared to TWD 1.04 a year ago. Diluted earnings per share was TWD 0.94 compared to TWD 1.04 a year ago.
Ten Ren Tea Co., Ltd. is a Taiwan-based company principally engaged in the production and distribution of tea leaves, tea sets and beverages. The Company provides specialty tea products, such as oolong tea, packaged tea products, tea gifts, tea sets, tea food, tea moon cakes, tea beverages, tea wines, green tea powder, green tea cookies, as well as green tea health food and others. It distributes its products within domestic market and overseas markets, with Taiwan as its main market.
TEN REN TEA CO., LTD. 
