Fulin Plastic Industry Cayman Holding Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 08, 2020 at 02:03 pm
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Fulin Plastic Industry Cayman Holding Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 680.263 million compared to TWD 809.190 million a year ago. Operating income was TWD 126.497 million compared to TWD 103.268 million a year ago. Net income was TWD 98.603 million compared to TWD 93.758 million a year ago. Basic earnings per share was TWD 2 compared to TWD 1.9 a year ago. Diluted earnings per share was TWD 1.99 compared to TWD 1.9 a year ago. For the nine months, sales was TWD 1,866.011 million compared to TWD 2,223.345 million a year ago. Operating income was TWD 250.162 million compared to TWD 258.458 million a year ago. Net income was TWD 198.080 million compared to TWD 206.960 million a year ago. Basic earnings per share was TWD 4.01 compared to TWD 4.19 a year ago. Diluted earnings per share was TWD 4.01 compared to TWD 4.18 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.
FULIN PLASTIC INDUSTRY (CAYMAN) HOLDING CO., LTD. 
