U-Best Innovative Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 18, 2020 at 05:22 pm
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U-Best Innovative Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 722.639 million compared to TWD 491.406 million a year ago. Operating income was TWD 24.748 million compared to operating loss of TWD 22.165 million a year ago. Net income was TWD 103.943 million compared to TWD 88.839 million a year ago. Basic earnings per share from continuing operations was TWD 0.46 compared to TWD 1.06 a year ago. Basic earnings per share was TWD 1.01 compared to TWD 0.98 a year ago. Diluted earnings per share from continuing operations was TWD 0.4 compared to TWD 0.98 a year ago. Diluted earnings per share was TWD 0.86 compared to TWD 0.91 a year ago.
U-BEST INNOVATIVE TECHNOLOGY CO., LTD., formerly U-Best Polymer Industry Co., Ltd., is a Taiwan-based company principally engaged in the manufacture and sale of macromolecule chemical raw materials. The Company is primarily engaged in the production of polyurethane (PU) resins, PU adhesives, nylon resins and polyester polyol. The products are mainly used in the manufacture of PU synthetic leather and artificial leather for footwear, purses and garments, the molding of nylon, the bonding of various fibers, as well as the manufacture of waterproof nylon fabrics for raincoats, suitcases and tents. The Company distributes its products within the domestic market and to overseas markets.
U-BEST INNOVATIVE TECHNOLOGY CO., LTD. 
