Nantex Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 10:32 pm IST
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NANTEX Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 3,033.885 million compared to TWD 3,290.774 million a year ago. Operating income was TWD 477.792 million compared to TWD 458.368 million a year ago. Net income was TWD 402.637 million compared to TWD 434.951 million a year ago. Basic earnings per share was TWD 0.82 compared to TWD 0.88 a year ago. For the half year, sales was TWD 6,206.658 million compared to TWD 6,351.706 million a year ago. Operating income was TWD 1,067.358 million compared to TWD 887.495 million a year ago. Net income was TWD 850.055 million compared to TWD 702.502 million a year ago. Basic earnings per share was TWD 1.73 compared to TWD 1.43 a year ago. Diluted earnings per share was TWD 1.72 compared to TWD 1.42 a year ago.
NANTEX INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and trading of latexes, rubber and other chemical products. The Companyâs products include styrene butadiene rubber (SBR) latexes, nitrile-butadiene rubber (NBR) latexes, NBR synthetic rubbers, refining rubbers, as well as thermoplastic rubbers. Its products are applied in the manufacture of paper products, construction materials, artificial leather products, automobile parts, sports equipment, electronic components, industrial products and medical equipment, among others. The Company operates businesses in Taiwan, Mainland China, the United States, Malaysia and Thailand, among others.