Polygreen Resources Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 06:30 pm IST
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Polygreen Resources Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 77.966 million compared to TWD 83.554 million a year ago. Operating income was TWD 10.704 million compared to TWD 7.027 million a year ago. Net income was TWD 7.800 million compared to TWD 8.126 million a year ago. Basic earnings per share from continuing operations was TWD 0.34 compared to TWD 0.35 a year ago. For the nine months, total revenue was TWD 202.638 million compared to TWD 249.618 million a year ago. Operating income was TWD 17.483 million compared to TWD 29.765 million a year ago. Net income was TWD 13.165 million compared to TWD 25.835 million a year ago. Basic earnings per share from continuing operations was TWD 0.57 compared to TWD 1.13 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. 
