Yonyu Plastics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 06, 2018 at 10:30 pm IST
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Yonyu Plastics Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 975.804 million compared to TWD 841.509 million a year ago. Operating income was TWD 122.588 million compared to TWD 109.103 million a year ago. Net income was TWD 75.888 million compared to TWD 76.691 million a year ago. Basic earnings per share was TWD 0.83 compared to TWD 0.84 a year ago. For the nine months, sales was TWD 2,785.344 million compared to TWD 2,359.139 million a year ago. Operating income was TWD 351.651 million compared to TWD 292.674 million a year ago. Net income was TWD 222.239 million compared to TWD 181.423 million a year ago. Basic earnings per share was TWD 2.45 compared to TWD 2 a year ago. Diluted earnings per share was TWD 2.43 compared to TWD 1.99 a year ago.
Yonyu Plastics Co Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of plastic products. The Company's products include plastic containers, plastic closures, plastic tubes and cable fasteners. Its plastic containers, closures and tubes are applied in the packaging of cosmetics, household products, foods, medicines, oil products and others. Its cable fasteners are applied in the packaging of electronic and electrical products, bicycles, machines, automobiles and others. The Company distributes its products in Taiwan, Mainland China, Europe, the Americas, Japan and others.