China Chemical & Pharmaceutical Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 11:01 pm IST
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China Chemical & Pharmaceutical Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 2,018.848 million compared to TWD 1,964.045 million a year ago. Operating income was TWD 105.047 million compared to TWD 116.885 million a year ago. Net income was TWD 117.474 million compared to TWD 98.046 million a year ago. Basic earnings per share was TWD 0.39 compared to TWD 0.33 a year ago. For the nine months, sales was TWD 6,017.663 million compared to TWD 5,926.510 million a year ago. Operating income was TWD 373.620 million compared to TWD 319.536 million a year ago. Net income was TWD 461.006 million compared to TWD 314.260 million a year ago. Basic earnings per share was TWD 1.55 compared to TWD 1.06 a year ago. Diluted earnings per share was TWD 1.54 compared to TWD 1.06 a year ago.
CHINA CHEMICAL & PHARMACEUTICAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of pharmaceuticals. The products of the Company include pharmaceuticals for human, animal drugs, medical devices, daily products and nutritious food products. Pharmaceuticals for human include prescription drugs and patented medicines, among others. Medical equipment includes nursing liquid for contact lens, sphygmomanometers and manmade joints. Animal drugs include feedstuff additives and healthcare products for animals, among others. Daily products include toothpastes, shower liquid, facial masks and mouth rinses, among others. The Company operates businesses in Taiwan and Mainland China.