Syn-Tech Chem. & Pharm. Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 04, 2020 at 11:42 pm IST
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SYN-TECH Chem. & Pharm. Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 305.145 million compared to TWD 211.116 million a year ago. Operating income was TWD 99.653 million compared to TWD 32.340 million a year ago. Net income was TWD 70.718 million compared to TWD 31.825 million a year ago. Basic earnings per share was TWD 2.35 compared to TWD 1.06 a year ago. For the half year, sales was TWD 540.472 million compared to TWD 405.676 million a year ago. Operating income was TWD 151.522 million compared to TWD 76.488 million a year ago. Net income was TWD 117.608 million compared to TWD 71.959 million a year ago. Basic earnings per share was TWD 3.91 compared to TWD 2.39 a year ago.
SYN-TECH Chem. & Pharm. Co., Ltd. is a Taiwan-based company principally engaged in the production, processing and distribution of active pharmaceutical ingredients (APIs). The Companyâs main products consist of muscle relaxants, local anesthetics, cardiovascular agents, antipyretics, analgesics and anti-inflammatory drugs, antimicrobials, spirit stabilizers, intermediates and others. It is also engaged in the pharmaceutical agency business. The Company distributes its products within Taiwan market and to overseas markets, including Asia, Europe, the Americas and Africa.