Fulin Plastic Industry Cayman Holding Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 25, 2019 at 08:48 am
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Fulin Plastic Industry Cayman Holding Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 2,902.091 million compared to TWD 2,762.409 million a year ago. Operating income was TWD 218.009 million compared to TWD 348.098 million a year ago. Net income was TWD 150.847 million compared to TWD 170.929 million a year ago. Basic earnings per share was TWD 3.68 compared to TWD 6.88 a year ago.
Fulin Plastic Industry (Cayman) Holding Co., Ltd. is principally engaged in the production and sales of polyvinyl chloride (PVC) leather products. The Company's product categories are mainly divided into PVC sponge leathers, PVC sheets, PVC casting leathers and others. The Company sells its products under Fulin brand. The Company mainly sells its products to Vietnam market, as well as the United States, Thailand, the Philippines, Malaysia, Cambodia, Myanmar, Turkey, Ecuador, Sri Lanka, Indonesia and Bangladesh. The Company's PVC sponge leather products include PVC sponge leathers used in furniture, leather bags, balls and rubber mats for car mats. The PVC sheet products include transparent PVC sheets, wood grain PVC sheets for building materials, electrical PVC sheets and general PVC sheets. The PVC casting leathers includes PVC casting leathers used in furniture, leather bags and soft leathers for bicycle seat cushions. The Other products include tarpaulins and non-woven fabrics.