San Fang Chemical Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
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San Fang Chemical Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,994.103 million compared to TWD 1,471.242 million a year ago. Operating income was TWD 135.336 million compared to operating loss of TWD 91.591 million a year ago. Net income was TWD 54.804 million compared to net loss of TWD 78.768 million a year ago. Basic earnings per share from continuing operations was TWD 0.14 compared to basic loss per share from continuing operations of TWD 0.2 a year ago. For the half year, sales was TWD 4,583.193 million compared to TWD 4,128.512 million a year ago. Operating income was TWD 402.972 million compared to TWD 76.617 million a year ago. Net income was TWD 259.280 million compared to TWD 24.467 million a year ago. Basic earnings per share from continuing operations was TWD 0.65 compared to TWD 0.06 a year ago.
SAN FANG CHEMICAL INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture and sales of leather products. The products of the Company include wet synthetic leather, ultrafine artificial leather, dry and environmental friendly synthetic leather and other film materials. Its products are applied in footwear materials, furniture, balls, automotive materials, covering materials for electronic products, medical materials and construction materials, among others. The Company operates businesses in Taiwan, China, Hong Kong and Southeast Asia.