Yong Shun Chemical Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022
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Yong Shun Chemical Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 332.7 million compared to TWD 301.83 million a year ago. Net income was TWD 1.19 million compared to TWD 30.01 million a year ago. Basic earnings per share from continuing operations was TWD 0.02 compared to TWD 0.49 a year ago. Diluted earnings per share from continuing operations was TWD 0.02 compared to TWD 0.49 a year ago.
YONG SHUN CHEMICAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of unsaturated polyester resin and acid alcohol resin. The Company mainly offers products including unsaturated polyester resin, acid alcohol resin, acid-resistant coatings, chemical tanks, and polyurethane particles, among others. The Companyâs unsaturated polyester resin is applied in fiber reinforce plastic products, castings and coatings, among others. The Companyâs acid alcohol resin is applied in foams, coatings, adhesives, synthetic leather and waterproof material. The Company primarily distributes its products within the domestic market and to overseas markets, including mainland China, Hong Kong, Japan and Southeast Asia.