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Taiwan Polypropylene earned NT$0.73 per share in Jan.-June.

Asia Africa Intelligence Wire

| August 29, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Taiwan Economic News)

Taipei, Aug. 29, 2002 (CENS)--Taiwan Polypropylene Co., Ltd., a main local PP (polypropylene) producer listed on the Taiwan Stock Exchange, recorded net (after-tax) earnings per share (EPS) of NT$0.73 for the first half of this year

Taiwan Polypropylene raked in revenue of NT$3.746 billion for the first half of this year, growing by 8.8% from the same period of 2001. The company reaped half-year gross operating profit of NT$687 million and net operating profit of NT$323 million, representing a whopping annual rise of 526% and 292% respectively. As a result, the company brought in half-year after-tax profit of NT$180 million, soaring by 462% ...

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