Yung Chi Paint & Varnish Mfg. Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 09, 2018 at 01:01 am IST
Share
Yung Chi Paint & Varnish Mfg. Co.,Ltd. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 2,006.299 million compared to TWD 1,965.974 million a year ago. Net sales revenue was TWD 1,916.899 million compared to TWD 1,934.591 million a year ago. Net operating income was TWD 174.946 million compared to TWD 273.477 million a year ago. Profit attributable to owners of parent was TWD 183.723 million compared to TWD 167.586 million a year ago. Basic and diluted earnings per share was TWD 1.14 compared to TWD 1.03 a year ago.
For the nine months, total revenue was TWD 6,011.951 million compared to TWD 5,627.185 million a year ago. Net sales revenue was TWD 5,753.630 million compared to TWD 5,538.823 million a year ago. Net operating income was TWD 594.261 million compared to TWD 805.545 million a year ago. Profit attributable to owners of parent was TWD 605.727 million compared to TWD 586.861 million a year ago. Basic and diluted earnings per share was TWD 3.74 compared to TWD 3.62 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.