Xu Yuan Packaging Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 03:11 am
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Xu Yuan Packaging Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 297.116 million compared to TWD 301.813 million a year ago. Operating loss was TWD 8.192 million compared to operating Income of TWD 1.610 million a year ago. Net loss was TWD 24.889 million compared to TWD 20.213 million a year ago. Basic loss per share from continuing operations was TWD 0.45 compared to TWD 0.37 a year ago. For the half year, sales was TWD 593.203 million compared to TWD 570.379 million a year ago. Operating loss was TWD 18.290 million compared to TWD 21.300 million a year ago. Net loss was TWD 47.090 million compared to TWD 50.637 million a year ago. Basic loss per share from continuing operations was TWD 0.86 compared to TWD 0.92 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. 
