Taiwan Wax Company,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 25, 2020 at 04:09 pm EDT
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Taiwan Wax Company,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,145.320 million compared to TWD 423.811 million a year ago. Operating income was TWD 64.736 million compared to operating loss of TWD 75.218 million a year ago. Net income was TWD 53.332 million compared to net loss of TWD 100.886 million a year ago. Basic earnings per share was TWD 0.88 compared to basic loss per share of TWD 1.93 a year ago.
TAIWAN WAX COMPANY, LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of waxes. The Company provides soft waxes, hard waxes, Vaseline materials and products, as well as formulated waxes and chemical products used for wax manufacturing. Its products include refined waxes, microcrystalline waxes, intermediate waxes, oil waxes and others. The wax products are mainly applied in the manufacture of candles, damp proof coatings for cartons, crayons, rubber additives and insulating materials for electronics and others. The Company also provides leasing service. The Company distributes its products within Taiwan market and to the rest of Asia, the Americas and Australia.
TAIWAN WAX COMPANY,LTD. 
