Xu Yuan Packaging Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 02:34 pm EDT
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Xu Yuan Packaging Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,317.933 million compared to TWD 1,263.521 million a year ago. Operating income was TWD 19.781 million compared to TWD 31.623 million a year ago. Net loss was TWD 11.901 million compared to net income of TWD 37.006 million a year ago. Basic loss per share was TWD 0.22 compared to basic earnings per share of TWD 0.67 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.
XU YUAN PACKAGING TECHNOLOGY CO., LTD. 
