Covid-19 pandemic has had a major impact on global economy with an accelerated economic downturn. In the first half of 2020, we also faced with declining consumer confidence, slowing sales and dropping in profits. In the second half of 2020, with Taiwan’s model of combating COVID-19, consumer confidence and sales recovered. On the other hand, improved animal feed formulations with ingredient research and analysis, which complemented with the advantages in grain commodities costs, and inventory had greatly reduced our production costs allowing us to have a fabulous financial performance.
In 2020, the parent company scored： operating revenue NT$11.78 billion, gross profit NT $1.38 billion, operating profit NT$519 million, net income NT$615 million, and earnings per share NT$1.91.Some relevant financial numbers are reported as below, please visit MOPS for our company’s detail financial information.