Great Wall Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 07:53 am EST
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Great Wall Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 20,769.412 million compared to TWD 19,603.514 million a year ago. Operating income was TWD 1,348.720 million compared to TWD 1,104.720 million a year ago. Net income was TWD 998.083 million compared to TWD 756.368 million a year ago. Basic earnings per share was TWD 1.28 compared to TWD 0.97 a year ago. Diluted earnings per share was TWD 1.27 compared to TWD 0.97 a year ago. For the nine months, sales was TWD 58,252.672 million compared to TWD 56,773.250 million a year ago. Operating income was TWD 3,260.526 million compared to TWD 2,614.968 million a year ago. Net income was TWD 2,296.369 million compared to TWD 1,808.402 million a year ago. Basic earnings per share was TWD 2.94 compared to TWD 2.32 a year ago. Diluted earnings per share was TWD 2.93 compared to TWD 2.32 a year ago.
GREAT WALL ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of animal feedstuffs and meat products. The Company operates through four segments. Feedstuffs segment manufactures and sells feedstuffs for chicken, duck, pigs, cattle, sheep and fish, among others. Meat Products segment manufactures and sells fresh chicken and its processed products. Bulk Oil Products segment is engaged in the trading of soybean processed products. Consumable Food segment manufactures and sells consumable foods, such as chicken floss, noodles and chicken nuggets, among others. The Company mainly operates businesses in the domestic market.