Shih-Kuen Plastics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 05, 2022 at 06:19 pm EDT
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Shih-Kuen Plastics Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 262.64 million compared to TWD 276.21 million a year ago. Net income was TWD 43.96 million compared to TWD 16.04 million a year ago. Basic earnings per share from continuing operations was TWD 0.8 compared to TWD 0.29 a year ago. Diluted earnings per share from continuing operations was TWD 0.8 compared to TWD 0.29 a year ago.
For the six months, sales was TWD 521.63 million compared to TWD 546.86 million a year ago. Net income was TWD 85.58 million compared to TWD 54.11 million a year ago. Basic earnings per share from continuing operations was TWD 1.56 compared to TWD 0.98 a year ago. Diluted earnings per share from continuing operations was TWD 1.55 compared to TWD 0.98 a year ago.
Shih Kuen Plastics Co Ltd is a Taiwan-based company principally engaged in the manufacturing, processing, and trading of various plastic cloth products. The Company provides general plastic sheeting, pressurized plastic sheeting, laminated plastic sheeting and semi-rigid plastic sheeting. The products are mainly used in raincoats, shower curtains, tablecloths, stationery, inflatable toys, quilt bags, furniture covers, car curtains, advertising signs, inkjet advertising, mesh rain sails, electrical tapes, packaging tapes, table mats, static electricity Film, and others. The Company sells its products in domestic and overseas markets.