Shih-Kuen Plastics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 04, 2020 at 12:22 pm EST
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Shih-Kuen Plastics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 257.820 million compared to TWD 261.912 million a year ago. Operating income was TWD 46.813 million compared to TWD 38.474 million a year ago. Net income was TWD 30.982 million compared to TWD 31.937 million a year ago. Basic earnings per share was TWD 0.56 compared to TWD 0.58 a year ago. For the nine months, sales was TWD 728.707 million compared to TWD 792.280 million a year ago. Operating income was TWD 112.425 million compared to TWD 127.796 million a year ago. Net income was TWD 81.535 million compared to TWD 112.319 million a year ago. Basic earnings per share was TWD 1.48 compared to TWD 2.04 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.