Sunny Friend Environmental Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:10 am IST
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Sunny Friend Environmental Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 727.804 million compared to TWD 572.473 million a year ago. Operating income was TWD 352.506 million compared to TWD 241.364 million a year ago. Net income was TWD 284.434 million compared to TWD 200.856 million a year ago. Basic earnings per share was TWD 2.55 compared to TWD 1.8 a year ago. For the nine months, sales was TWD 1,909.870 million compared to TWD 1,559.134 million a year ago. Operating income was TWD 866.061 million compared to TWD 678.712 million a year ago. Net income was TWD 727.146 million compared to TWD 554.852 million a year ago. Basic earnings per share was TWD 6.52 compared to TWD 4.98 a year ago. Diluted earnings per share was TWD 6.5 compared to TWD 4.96 a year ago.
Sunny Friend Environmental Technology Co Ltd is a Taiwan-based company principally engaged in the removal and disposal of biomedical waste and hazardous waste. The Company is mainly engaged in the removal and disposal of waste through incineration, materialization, solidification and burial. The Company is also involved in the incineration of general business waste, garbage, grease and sludge, as well as the design, planning and construction of small incinerators, incineration plants and landfills. The Company operates its businesses in domestic market.