Nantex Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 11:53 am EST
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NANTEX Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 3,207.949 million compared to TWD 3,945.198 million a year ago. Operating income was TWD 434.673 million compared to TWD 539.161 million a year ago. Net income was TWD 271.144 million compared to TWD 466.287 million a year ago. Basic earnings per share was TWD 0.55 compared to TWD 0.95 a year ago. For the nine months, sales was TWD 9,414.607 million compared to TWD 10,296.904 million a year ago. Operating income was TWD 1,502.031 million compared to TWD 1,426.656 million a year ago. Net income was TWD 1,121.199 million compared to TWD 1,168.789 million a year ago. Basic earnings per share was TWD 2.28 compared to TWD 2.37 a year ago. Diluted earnings per share was TWD 2.27 compared to TWD 2.37 a year ago.
NANTEX INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and trading of latexes, rubber and other chemical products. The Companyâs products include styrene butadiene rubber (SBR) latexes, nitrile-butadiene rubber (NBR) latexes, NBR synthetic rubbers, refining rubbers, as well as thermoplastic rubbers. Its products are applied in the manufacture of paper products, construction materials, artificial leather products, automobile parts, sports equipment, electronic components, industrial products and medical equipment, among others. The Company operates businesses in Taiwan, Mainland China, the United States, Malaysia and Thailand, among others.