Xu Yuan Packaging Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 02:24 am
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Xu Yuan Packaging Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 343.39 million compared to TWD 298.96 million a year ago. Net income was TWD 3.02 million compared to net loss of TWD 24.45 million a year ago. Basic earnings per share from continuing operations was TWD 0.06 compared to basic loss per share from continuing operations of TWD 0.45 a year ago. Diluted earnings per share from continuing operations was TWD 0.06 compared to diluted loss per share from continuing operations of TWD 0.45 a year ago.
For the nine months, sales was TWD 936.59 million compared to TWD 869.34 million a year ago. Net loss was TWD 44.07 million compared to TWD 75.09 million a year ago. Basic loss per share from continuing operations was TWD 0.8 compared to TWD 1.37 a year ago. Diluted loss per share from continuing operations was TWD 0.8 compared to TWD 1.37 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. 
