YC Reports Pre-Tax Earnings Per Share of NT$2.3 for the First Three Quarters
2003-10-24
(Reported by Peng Xuanyi, Industrial Times, Taipei) OTC-listed plastic company YC (4306) continued to benefit from the investment returns of its mainland China plant and the traditional peak season. In the third quarter, the pre-tax earnings for the Taiwan plant reached NT$33 million, and the investment income from the mainland plant contributed NT$21 million. The total pre-tax earnings for the third quarter amounted to NT$55 million, with a pre-tax earnings per share of approximately NT$0.98. For the first three quarters of the year, the company reported pre-tax earnings of NT$128 million, a 21.61% increase compared to the same period last year, with earnings per share of NT$2.3.
In September, YC achieved record revenue of NT$209 million, bringing the total revenue for the first three quarters of the year to NT$1.46 billion, an 18.39% increase compared to the same period last year, achieving 81.11% of its annual revenue target.
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