San Fang Chemical Industry Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 09:10 pm EDT
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San Fang Chemical Industry Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 2,291.75 million compared to TWD 2,701.66 million a year ago. Net income was TWD 188.98 million compared to TWD 160.12 million a year ago. Basic earnings per share from continuing operations was TWD 0.48 compared to TWD 0.4 a year ago. Diluted earnings per share from continuing operations was TWD 0.47 compared to TWD 0.4 a year ago.
For the six months, sales was TWD 4,901.45 million compared to TWD 5,318.93 million a year ago. Net income was TWD 346.87 million compared to TWD 269.46 million a year ago. Basic earnings per share from continuing operations was TWD 0.87 compared to TWD 0.68 a year ago. Diluted earnings per share from continuing operations was TWD 0.87 compared to TWD 0.68 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.