E&E Recycling,Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 02:51 pm EDT
Share
E&E Recycling,Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 158.116 million compared to TWD 174.744 million a year ago. Operating loss was TWD 224,000 compared to operating Income of TWD 4.712 million a year ago. Net income was TWD 875,000 compared to TWD 4.234 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.11 a year ago. For the half year, sales was TWD 319.394 million compared to TWD 337.965 million a year ago. Operating income was TWD 3.539 million compared to TWD 1.386 million a year ago. Net income was TWD 5.107 million compared to TWD 2.436 million a year ago. Basic earnings per share was TWD 0.13 compared to TWD 0.06 a year ago.
E&E Recycling, Inc. is a Taiwan-based company principally engaged in waste removal and processing business. The Company is mainly engaged in the recycling of waste electrical and electronic items and waste information items, the sales of derivative products, as well as the output of whole cases. The Company's main products include waste household appliances and waste information items, such as waste hosts, waste printers, waste notebook computers, waste keyboards and waste monitors. The Company operates its businesses in domestic market.