Taiwan Fructose Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 06:50 pm IST
Share
Taiwan Fructose Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,056.693 million compared to TWD 1,022.797 million a year ago. Operating income was TWD 37.168 million compared to TWD 52.454 million a year ago. Net income was TWD 15.726 million compared to TWD 67.878 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.39 a year ago. For the nine months, sales was TWD 3,054.405 million compared to TWD 2,874.781 million a year ago. Operating income was TWD 124.753 million compared to TWD 175.550 million a year ago. Net income was TWD 41.393 million compared to TWD 128.081 million a year ago. Basic earnings per share was TWD 0.24 compared to TWD 0.74 a year ago.
TAIWAN FRUCTOSE CO., LTD. is a Taiwan-based company principally engaged in the production, processing and sales of fructose and maltose. The Companyâs primary products include fructose, maltose, oligosaccharide, maltodextrin, sorbierite, crystalline dextrose and starch. The Company's products are mainly used for the production of beverage, dairy products, ice-cream, desserts, baking food and soy sauce. The Company mainly distributes its products in Taiwan market.