Pao Long International Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 03:52 am IST
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Pao Long International Co.,Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 286.281 million compared to TWD 500.355 million a year ago. Operating income was TWD 1.802 million compared to TWD 4.577 million a year ago. Net income was TWD 116.559 million compared to TWD 448.051 million a year ago. Basic earnings per share was TWD 0.77 compared to TWD 2.97 a year ago. Diluted earnings per share was TWD 0.77 compared to TWD 2.96 a year ago. For the half year, sales was TWD 658.956 million compared to TWD 1,123.739 million a year ago. Operating income was TWD 3.480 million compared to TWD 6.357 million a year ago. Net income was TWD 122.527 million compared to TWD 431.590 million a year ago. Basic earnings per share was TWD 0.81 compared to TWD 2.86 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.