Taiwan Wax Company,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022
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Taiwan Wax Company,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 157.82 million compared to TWD 137.53 million a year ago. Revenue was TWD 157.82 million compared to TWD 137.53 million a year ago. Net loss was TWD 17.59 million compared to net income of TWD 15.17 million a year ago. Basic loss per share from continuing operations was TWD 0.1915 compared to basic earnings per share from continuing operations of TWD 0.1915 a year ago.
For the nine months, sales was TWD 425.21 million compared to TWD 409.75 million a year ago. Revenue was TWD 425.21 million compared to TWD 409.75 million a year ago. Net income was TWD 28.5 million compared to TWD 25.5 million a year ago. Basic earnings per share from continuing operations was TWD 0.3133 compared to TWD 0.3133 a year ago.
TAIWAN WAX COMPANY, LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of waxes. The Company provides soft waxes, hard waxes, Vaseline materials and products, as well as formulated waxes and chemical products used for wax manufacturing. Its products include refined waxes, microcrystalline waxes, intermediate waxes, oil waxes and others. The wax products are mainly applied in the manufacture of candles, damp proof coatings for cartons, crayons, rubber additives and insulating materials for electronics and others. The Company also provides leasing service. The Company distributes its products within Taiwan market and to the rest of Asia, the Americas and Australia.
TAIWAN WAX COMPANY,LTD. 