Pao Long International Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 02:31 am IST
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Pao Long International Co.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 266.138 million compared to TWD 421.059 million a year ago. Operating income was TWD 2.047 million compared to TWD 6.406 million a year ago. Net income was TWD 15.609 million compared to TWD 2.524 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.02 a year ago. For the nine months, sales was TWD 925.094 million compared to TWD 1,544.798 million a year ago. Operating income was TWD 5.527 million compared to TWD 12.763 million a year ago. Net income was TWD 138.136 million compared to TWD 434.114 million a year ago. Basic earnings per share was TWD 0.91 compared to TWD 2.87 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.