Polygreen Resources Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 11, 2018 at 06:56 pm IST
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Polygreen Resources Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 80.329 million compared to TWD 75.797 million a year ago. Operating income was TWD 13.285 million compared to TWD 14.081 million a year ago. Net income was TWD 8.910 million compared to TWD 10.727 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 0.51 a year ago.
For the nine months, sales was TWD 245.573 million compared to TWD 209.328 million a year ago. Operating income was TWD 35.566 million compared to TWD 32.603 million a year ago. Net income was TWD 28.136 million compared to TWD 22.653 million a year ago. Basic earnings per share was TWD 1.34 compared to TWD 1.08 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. 
