Yung Chi Paint & Varnish Mfg.Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022 at 01:53 pm IST
Share
Yung Chi Paint & Varnish Mfg.Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 2,460.8 million compared to TWD 2,090.01 million a year ago. Revenue was TWD 2,460.8 million compared to TWD 2,090.01 million a year ago. Net income was TWD 218.13 million compared to TWD 285.67 million a year ago. Basic earnings per share from continuing operations was TWD 1.35 compared to TWD 1.76 a year ago. Diluted earnings per share from continuing operations was TWD 1.34 compared to TWD 1.76 a year ago.
YUNG CHI PAINT & VARNISH MFG. CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of paint products. The Company provides paint, including construction paint, anti-corrosion paint, ship paint, special purpose paint, can paint, steel roll paint, nuclear power paint and others, as well as fire-proof construction materials, including coatings and mixed fire-proof materials. The Company is also involved in undertaking of painting projects. The Company distributes its products in domestic market and to overseas markets.