Baolong International Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022
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Baolong International Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 985.65 million compared to TWD 634.38 million a year ago. Net income was TWD 57.71 million compared to net loss of TWD 20.02 million a year ago. Basic earnings per share from continuing operations was TWD 0.38 compared to basic loss per share from continuing operations of TWD 0.13 a year ago. Diluted earnings per share from continuing operations was TWD 0.38 compared to diluted loss per share from continuing operations of TWD 0.13 a year ago.
For the nine months, sales was TWD 3,599.6 million compared to TWD 795.11 million a year ago. Net income was TWD 457.87 million compared to TWD 156.29 million a year ago. Basic earnings per share from continuing operations was TWD 3.03 compared to TWD 1.04 a year ago. Diluted earnings per share from continuing operations was TWD 3.03 compared to TWD 1.03 a year ago.
Baolong International Co., Ltd. is a Taiwan-based company mainly engaged in the sale of industrial paper products. The Company is mainly engaged in the sale of corrugated paper and Kraft cardboard products. The products are used in the manufacture of corrugated cardboards and corrugated paper boxes for packaging. The Company is mainly operates its business in Taiwan market.