Shen's Art Printing Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 08:09 am EST
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Shen's Art Printing Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 136.505 million compared to TWD 133.467 million a year ago. Operating loss was TWD 13,000 compared to operating Income of TWD 1.142 million a year ago. Net income was TWD 7.625 million compared to TWD 13.767 million a year ago. Basic earnings per share was TWD 0.16 compared to TWD 0.3 a year ago. For the nine months, sales was TWD 396.607 million compared to TWD 382.547 million a year ago. Operating income was TWD 2.155 million compared to TWD 2.756 million a year ago. Net income was TWD 16.856 million compared to TWD 18.098 million a year ago. Basic earnings per share was TWD 0.36 compared to TWD 0.39 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.