Tai Roun Products Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 07:07 pm IST
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Tai Roun Products Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 812.020 million compared to TWD 768.768 million a year ago. Operating income was TWD 70.483 million compared to TWD 62.453 million a year ago. Net income was TWD 55.558 million compared to TWD 46.912 million a year ago. Basic earnings per share was TWD 0.31 compared to TWD 0.26 a year ago. For the nine months, sales was TWD 2,054.926 million compared to TWD 2,075.906 million a year ago. Operating income was TWD 149.496 million compared to TWD 119.246 million a year ago. Net income was TWD 124.946 million compared to TWD 81.096 million a year ago. Basic earnings per share was TWD 0.7 compared to TWD 0.46 a year ago.
Tai Roun Products Co Ltd is a Taiwan-based company principally engaged in the manufacturing, processing and trading of feed, fructose, starch and marine products. Feed products include livestock feed and aquatic feed. Fructose products include F-55 high fructose syrup. Starch products include corn starch, corn gluten meal, corn germ and corn bran. The Company's aquatic feed, fructose and starch related products are mainly sold domestically.