Yung Chi Paint & Varnish Mfg.Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 09, 2021
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Yung Chi Paint & Varnish Mfg.Co.,Ltd announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 2,174.720 million compared to TWD 1,858.652 million a year ago. Operating income was TWD 254.572 million compared to TWD 233.884 million a year ago. Net income was TWD 203.836 million compared to TWD 195.765 million a year ago. Basic earnings per share was TWD 1.26 compared to TWD 1.21 a year ago. For the half year, total revenue was TWD 4,264.734 million compared to TWD 3,770.154 million a year ago. Operating income was TWD 562.675 million compared to TWD 439.166 million a year ago. Net income was TWD 489.507 million compared to TWD 379.250 million a year ago. Basic earnings per share was TWD 3.02 compared to TWD 2.34 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.