Yonyu Plastics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020
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Yonyu Plastics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 831.389 million compared to TWD 930.029 million a year ago. Operating income was TWD 96.019 million compared to TWD 112.320 million a year ago. Net income was TWD 58.489 million compared to TWD 77.083 million a year ago. Basic earnings per share was TWD 0.64 compared to TWD 0.85 a year ago. Diluted earnings per share was TWD 0.64 compared to TWD 0.84 a year ago. For the nine months, sales was TWD 2,493.218 million compared to TWD 2,677.469 million a year ago. Operating income was TWD 336.905 million compared to TWD 312.953 million a year ago. Net income was TWD 217.809 million compared to TWD 214.870 million a year ago. Basic earnings per share was TWD 2.4 compared to TWD 2.36 a year ago. Diluted earnings per share was TWD 2.38 compared to TWD 2.35 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, 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.