Xu Yuan Packaging Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:02 am
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Xu Yuan Packaging Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 304.36 million compared to TWD 312.19 million a year ago. Net income was TWD 7.57 million compared to TWD 0.366 million a year ago. Basic earnings per share from continuing operations was TWD 0.14 compared to TWD 0.01 a year ago. Diluted earnings per share from continuing operations was TWD 0.14 compared to TWD 0.01 a year ago.
For the six months, sales was TWD 586.51 million compared to TWD 637.07 million a year ago. Net loss was TWD 9.33 million compared to net income of TWD 508.24 million a year ago. Basic loss per share from continuing operations was TWD 0.17 compared to basic earnings per share from continuing operations of TWD 9.27 a year ago. Diluted loss per share from continuing operations was TWD 0.17 compared to diluted earnings per share from continuing operations of TWD 9.14 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. 
