Xu Yuan Packaging Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 15, 2019 at 12:08 am IST
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Xu Yuan Packaging Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 331.730 million compared to TWD 312.605 million a year ago. Operating income was TWD 2.693 million compared to TWD 27.248 million a year ago. Net income was TWD 4.042 million compared to TWD 1.108 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 0.02 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.