Polygreen Resources Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 13, 2019 at 08:25 pm IST
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Polygreen Resources Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced total revenue was TWD 79.381 million compared to TWD 86.233 million a year ago. Operating income was TWD 11.324 million compared to TWD 17.438 million a year ago. Net income was TWD 7.830 million compared to TWD 13.897 million a year ago. Basic earnings per share was TWD 0.37 compared to TWD 0.66 a year ago.
Polygreen Resources Co., Ltd. is engaged in resource recycling and environmental protection. The Company's products include TYREC-Tyrec Reclaimed Rubber, which is used in tires, conveyor belts, inner tubes, ring pads, rubber matting, shoe soles, vibration pads, dock fenders and other rubber products; BUREC-Butyl Reclaimed Rubber, which is used in butyl inner tubes, tire inner liners, butyl adhesives and other butyl rubber-related products; NAREC-Natural Inner Tube Reclaimed Rubber, which is used in the rubber matting, shoe soles and other rubber products; T-Mesh-Crumb Rubber, which is used in various rubber products as compounding substitutes, such as tire, ring pads, and rubber matting, and rubber granule, which is used in the underlayment for running tracks, children's playgrounds, gym, and rubber tiles.
POLYGREEN RESOURCES CO., LTD. 
