Tai Roun Products Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 12, 2021
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Tai Roun Products Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 708.205 million compared to TWD 601.390 million a year ago. Operating income was TWD 84.587 million compared to TWD 42.970 million a year ago. Net income was TWD 64.652 million compared to TWD 16.663 million a year ago. Basic earnings per share from continuing operations was TWD 0.37 compared to TWD 0.09 a year ago. Diluted earnings per share from continuing operations was TWD 0.36 compared to TWD 0.09 a year ago.
Tai Roun Products Co Ltd is a Taiwan-based company principally engaged in the manufacturing, processing and trading of feed, fructose, starch and marine products. Feed products include livestock feed and aquatic feed. Fructose products include F-55 high fructose syrup. Starch products include corn starch, corn gluten meal, corn germ and corn bran. The Company's aquatic feed, fructose and starch related products are mainly sold domestically.