General Plastic Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 01:58 am IST
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General Plastic Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 1,338.676 million compared to TWD 1,696.541 million a year ago. Operating income was TWD 87.868 million compared to TWD 146.126 million a year ago. Net income was TWD 45.752 million compared to TWD 103.340 million a year ago. Basic earnings per share was TWD 0.36 compared to TWD 0.81 a year ago.
GENERAL PLASTIC INDUSTRIAL CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and distribution of toner cartridges. The Company mainly operates through two business segments. The Operation of Machine Supplies segment is mainly engaged in the research and development, manufacture and sales of photocopiers cartridges, printer cartridges and photosensitive drum gears. The Operation of Tourist Hotels segment is mainly engaged in the arrangement of accommodation, catering and other business travel related businesses. The Company is also engaged in the sales of raw materials and accessories of toner cartridges. The Company mainly distributes its products in domestic market and overseas markets, including the United States of America (the USA), the United Kingdom (the UK), Germany, the Mainland China and others.