Pontex Polyblend Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 12:20 am IST
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Pontex Polyblend Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 1,060.094 million compared to TWD 969.311 million a year ago. Operating loss was TWD 9.535 million compared to operating Income of TWD 21.818 million a year ago. Net loss was TWD 23.041 million compared to net income of TWD 25.062 million a year ago. Basic loss per share from continuing operations was TWD 0.27 compared to basic earnings per share from continuing operations of TWD 0.3 a year ago.
PONTEX POLYBLEND CO., LTD. is a Taiwan-based company principally engaged in the design, development and manufacturing of spare parts and engineering plastics. The Company mainly operates through two business segments. The Equipment Components segment is mainly engaged in the manufacture, processing and trading of plastic injection molding products, including the soles, sports equipment and related spare parts. The Composite Materials segment is mainly engaged in the manufacture, processing and trading of engineering plastic materials, including the glass and fireproof composite materials, as well as nylon 6 and nylon 66 cold resistant materials. The Company mainly operates its businesses in Taiwan and the rest of Asia.