Baolong International Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021 at 01:33 am IST
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Baolong International 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 634.38 million compared to TWD 327.89 million a year ago. Net loss was TWD 20.02 million compared to net income of TWD 10.44 million a year ago. Basic loss per share from continuing operations was TWD 0.13 compared to basic earnings per share from continuing operations of TWD 0.07 a year ago. Diluted loss per share from continuing operations was TWD 0.13 compared to diluted earnings per share from continuing operations of TWD 0.07 a year ago.
For the nine months, sales was TWD 795.11 million compared to TWD 1,015.76 million a year ago. Net income was TWD 156.29 million compared to TWD 93.05 million a year ago. Basic earnings per share from continuing operations was TWD 1.04 compared to TWD 0.62 a year ago. Diluted earnings per share from continuing operations was TWD 1.03 compared to TWD 0.62 a year ago.
Baolong International Co., Ltd. is a Taiwan-based company mainly engaged in the sale of industrial paper products. The Company is mainly engaged in the sale of corrugated paper and Kraft cardboard products. The products are used in the manufacture of corrugated cardboards and corrugated paper boxes for packaging. The Company is mainly operates its business in Taiwan market.