San Fang Chemical Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 12:55 pm EST
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San Fang Chemical Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 2,046.580 million compared to TWD 2,745.666 million a year ago. Operating income was TWD 203.132 million compared to TWD 199.267 million a year ago. Net income was TWD 99.737 million compared to TWD 142.745 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 0.36 a year ago. For the nine months, sales was TWD 6,175.092 million compared to TWD 7,737.016 million a year ago. Operating income was TWD 279.749 million compared to TWD 463.243 million a year ago. Net income was TWD 124.204 million compared to TWD 343.594 million a year ago. Basic earnings per share was TWD 0.31 compared to TWD 0.86 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. 
