Shiny Chemical Industrial Company Limited Reports Earnings Results for the Full Year Ended December 31, 2020
February 25, 2021 at 10:42 pm IST
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Shiny Chemical Industrial Company Limited announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 7,778.275 million compared to TWD 7,508.185 million a year ago. Operating income was TWD 1,375.385 million compared to TWD 989.218 million a year ago. Net income was TWD 1,174.007 million compared to TWD 884.866 million a year ago. Basic earnings per share was TWD 6.52 compared to TWD 4.92 a year ago. Diluted earnings per share was TWD 6.48 compared to TWD 4.88 a year ago.
Shiny Chemical Industrial Co., Ltd. is a Taiwan-based company primarily engaged in the manufacture and sales of chemical solvent series products and the trading of raw chemical materials. The Company's solvent series products include electronic grade solvents, industrial grade solvents and formaldehyde series products. The electronic grade solvents include normal butyl acetate, propylene glycol monomethyl ether and acetone. The industrial grade solvents include normal butyl acetate, shinytate, normal propyl acetate, Ibo-Butyl acetate and others. The formaldehyde series products include formalin, urea glue, melamine glue and others. The Company distributes its products in domestic market and to overseas markets, including Korea, Vietnam, Hong Kong and other areas.
SHINY CHEMICAL INDUSTRIAL CO., LTD. 
