Xin Chio Global Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 04, 2021 at 12:48 pm
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Xin Chio Global Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,561.264 million compared to TWD 1,431.609 million a year ago. Operating income was TWD 132.063 million compared to TWD 123.201 million a year ago. Net income was TWD 121.385 million compared to TWD 102.864 million a year ago. Basic earnings per share was TWD 2.12 compared to TWD 1.75 a year ago. Diluted earnings per share was TWD 1.95 compared to TWD 1.75 a year ago.
Xin Chio Global Co., Ltd. is a Taiwan-based company principally engaged in the trading of packaging materials. The Companyâs main products consist of tapes, buffer packaging materials, plastic bags, electronic packaging materials, packaging machines, paper packaging products, packing belts, plastic films and others. In addition, the Company provides cloud computing application software consulting and installation services. The Company mainly distributes its products in Taiwan, as well as Europe, the Americas, Australia and Asia-Pacific region.