Yung Chi Paint & Varnish Mfg.Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
March 25, 2020 at 01:39 am IST
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Yung Chi Paint & Varnish Mfg.Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 7,604.646 million compared to TWD 7,713.071 million a year ago. Operating income was TWD 787.233 million compared to TWD 743.610 million a year ago. Net income was TWD 682.792 million compared to TWD 746.095 million a year ago. Basic earnings per share was TWD 4.21 compared to TWD 4.61 a year ago. Diluted earnings per share was TWD 4.21 compared to TWD 4.6 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.