U-Best Polymer Industry Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2019
May 13, 2019 at 02:23 pm
Share
U-Best Polymer Industry Co.,Ltd announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 124.692 million compared to TWD 143.285 million a year ago. Operating loss was TWD 1.422 million compared to TWD 4.976 million a year ago. Net income was TWD 2.232 million compared to net loss of TWD 5.530 million a year ago. Basic earnings per share from continuing operations was TWD 0.03 compared to basic loss per share from continuing operations of TWD 0.05 a year ago. Basic earnings per share was TWD 0.02 compared to basic loss per share of TWD 0.06 a year ago. Diluted earnings per share from continuing operations was TWD 0.02 compared to TWD 0 a year ago. Diluted earnings per share was TWD 0.01 compared to TWD 0 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.