Nantex Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 01:47 pm EDT
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NANTEX Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 2,710.036 million compared to TWD 3,033.885 million a year ago. Operating income was TWD 605.009 million compared to TWD 477.792 million a year ago. Net income was TWD 420.987 million compared to TWD 402.637 million a year ago. Basic earnings per share was TWD 0.85 compared to TWD 0.82 a year ago. For the half year, sales was TWD 5,358.020 million compared to TWD 6,206.658 million a year ago. Operating income was TWD 1,021.561 million compared to TWD 1,067.358 million a year ago. Net income was TWD 782.098 million compared to TWD 850.055 million a year ago. Basic earnings per share was TWD 1.59 compared to TWD 1.73 a year ago. Diluted earnings per share was TWD 1.58 compared to TWD 1.72 a year ago.
NANTEX INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and trading of latexes, rubber and other chemical products. The Companyâs products include styrene butadiene rubber (SBR) latexes, nitrile-butadiene rubber (NBR) latexes, NBR synthetic rubbers, refining rubbers, as well as thermoplastic rubbers. Its products are applied in the manufacture of paper products, construction materials, artificial leather products, automobile parts, sports equipment, electronic components, industrial products and medical equipment, among others. The Company operates businesses in Taiwan, Mainland China, the United States, Malaysia and Thailand, among others.
NANTEX INDUSTRY CO., LTD. 
