Xu Yuan Packaging Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 01:43 pm
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Xu Yuan Packaging Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,177.880 million compared to TWD 1,317.933 million a year ago. Operating loss was TWD 11.907 million compared to operating Income of TWD 19.781 million a year ago. Net loss was TWD 102.474 million compared to TWD 11.901 million a year ago. Basic loss per share from continuing operations was TWD 1.87 compared to TWD 0.22 a year ago.
XU YUAN PACKAGING TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sale of heat shrinkable film printing labels and label equipment. Heat shrinkable film printed labels are used in beverages, food and other packaging. Labeling equipment includes vertical sleeve labeling machines, thin film sleeve labeling machines, bottle cap sleeve labeling machines, shrinking furnaces, labeling machines, palm press, re-inspection machines, and slicers, mainly used in the caps, bottles and safety signs of beverage, food, dairy products, pharmaceuticals, cosmetics and other bottles. The Company also provides polyvinyl chloride (PVC) transparent heat shrinkable film and PVC heat shrinkable rubber pellets.