Xu Yuan Packaging Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 11:58 am
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Xu Yuan Packaging Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 327.331 million compared to TWD 343.436 million a year ago. Operating income was TWD 7.508 million compared to TWD 13.732 million a year ago. Net income was TWD 213,000 compared to TWD 4.409 million a year ago. Basic eps was TWD 0 compared to TWD 0.08 a year ago. For the nine months, sales was TWD 983.969 million compared to TWD 931.851 million a year ago. Operating income was TWD 8.356 million compared to TWD 31.162 million a year ago. Net income was TWD 8.990 million compared to TWD 31.992 million a year ago. Basic earnings per share was TWD 0.16 compared to TWD 0.58 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.