China Glaze Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 11:06 pm IST
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China Glaze Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 518.296 million compared to TWD 601.515 million a year ago. Operating loss was TWD 3.913 million compared to TWD 16.395 million a year ago. Net income was TWD 9.317 million compared to net loss of TWD 3.494 million a year ago. Basic earnings per share was TWD 0.06 compared to basic loss per share of TWD 0.02 a year ago. For the nine months, sales was TWD 1,337.975 million compared to TWD 1,716.296 million a year ago. Operating loss was TWD 80.506 million compared to TWD 70.259 million a year ago. Net loss was TWD 36.855 million compared to TWD 23.529 million a year ago. Basic loss per share was TWD 0.22 compared to TWD 0.14 a year ago.
China Glaze Co.,Ltd. is a Taiwan-based company involved in the manufacture of color glazes and jade stones. The Companyâs products mainly include color glazes, jade stones, composite crystal stones, nanocrystalline jade stones, light-emitting diode (LED) photoelectric phosphors and others. Through its subsidiaries, the Company is also engaged in the promotion and marketing of inks and special effect glazes, as well as the design of jade crystal integrated lightings. The Company distributes its products both in domestic markets and to overseas markets.