San Fang Chemical Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 10, 2020 at 02:39 pm EDT
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San Fang Chemical Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 2,657.270 million compared to TWD 2,628.241 million a year ago. Operating income was TWD 168.208 million compared to TWD 138.300 million a year ago. Net income was TWD 103.235 million compared to TWD 100.636 million a year ago. Basic earnings per share was TWD 0.26 compared to TWD 0.25 a year ago.
SAN FANG CHEMICAL INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture and sales of leather products. The products of the Company include wet synthetic leather, ultrafine artificial leather, dry and environmental friendly synthetic leather and other film materials. Its products are applied in footwear materials, furniture, balls, automotive materials, covering materials for electronic products, medical materials and construction materials, among others. The Company operates businesses in Taiwan, China, Hong Kong and Southeast Asia.