Xu Yuan Packaging Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 11:28 am
Share
Xu Yuan Packaging Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 324.908 million compared to TWD 275.810 million a year ago. Operating loss was TWD 1.845 million compared to TWD 9.818 million a year ago. Net income was TWD 4.735 million compared to TWD 26.475 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.5 a year ago. Diluted earnings per share was TWD 0.09 compared to TWD 0.49 a year ago. For the half year, sales was TWD 656.638 million compared to TWD 588.415 million a year ago. Operating income was TWD 848,000 compared to TWD 17.430 million a year ago. Net income was TWD 8.777 million compared to TWD 27.583 million a year ago. Basic earnings per share was TWD 0.16 compared to TWD 0.52 a year ago. Diluted earnings per share was TWD 0.16 compared to TWD 0.51 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.
XU YUAN PACKAGING TECHNOLOGY CO., LTD. 
