Agv Products Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 09:18 pm IST
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AGV Products Corporation announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 998.150 million compared to TWD 1,055.976 million a year ago. Operating income was TWD 52.604 million compared to TWD 47.200 million a year ago. Net income was TWD 50.586 million compared to TWD 4.455 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.01 a year ago. For the half year, sales was TWD 2,150.570 million compared to TWD 2,052.804 million a year ago. Operating income was TWD 129.304 million compared to TWD 70.334 million a year ago. Net income was TWD 75.170 million compared to TWD 17.569 million a year ago. Basic earnings per share was TWD 0.15 compared to TWD 0.04 a year ago.
AGV PRODUCTS CORPORATION is a Taiwan-based company principally engaged in the production, processing and trading of food products. The products of the Company include pickles, desserts, sauces, beverages, fresh food series, oil, oat milk series, nutritional series, healthcare food series, functional drinks series, cold storage series and low temperature series, among others. Its dessert products mainly include mixed congee products. Its sauce products include barbeque sauce, spicy chili sauce and sweet chili sauce, among others. Its cold storage series products include passion fruit green tea, lemon juice, ebony juice and herb beverage, among others. The Company mainly operates businesses in Taiwan.