Shen's Art Printing Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 07:34 am EST
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Shen's Art Printing Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 132.335 million compared to TWD 125.591 million a year ago. Operating income was TWD 409,000 compared to operating loss of TWD 1.427 million a year ago. Net income was TWD 13.767 million compared to TWD 7.190 million a year ago. Basic earnings per share was TWD 0.3 compared to TWD 0.15 a year ago. For the nine months, sales was TWD 379.153 million compared to TWD 360.650 million a year ago. Operating income was TWD 558,000 compared to operating loss of TWD 4.705 million a year ago. Net income was TWD 18.098 million compared to TWD 10.514 million a year ago. Basic earnings per share was TWD 0.39 compared to TWD 0.23 a year ago.
Shen's Art Printing Co., Ltd. is a Taiwan-based company principally engaged in the manufacturing, processing and distribution of printing products. The Company provides customer-tailored printing services, which offers books, posters, magazines and calendars. Its main products include cultural printing products, such as books, magazines, souvenir albums and calendars, among others; commercial printing products, such as posters, catalogs, direct mails (DMs) and instruction books, among others; packaging printing products, such as paper boxes and paper containers, as well as digital printing products, such as calendars, notebooks and pictures, among others. The Company distributes its products within domestic market and to overseas markets.