San Fang Chemical Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:56 pm EDT
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San Fang Chemical Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,471.242 million compared to TWD 2,363.109 million a year ago. Operating loss was TWD 91.591 million compared to operating Income of TWD 125.676 million a year ago. Net loss was TWD 78.768 million compared to net income of TWD 100.213 million a year ago. Basic loss per share was TWD 0.2 compared to basic earnings per share of TWD 0.25 a year ago. For the half year, sales was TWD 4,128.512 million compared to TWD 4,991.350 million a year ago. Operating income was TWD 76.617 million compared to TWD 263.976 million a year ago. Net income was TWD 24.467 million compared to TWD 200.849 million a year ago. Basic earnings per share was TWD 0.06 compared to TWD 0.5 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.
SAN FANG CHEMICAL INDUSTRY CO., LTD. 
