Xin Chio Global Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 12, 2019 at 03:43 pm EDT
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Xin Chio Global Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 340.930 million compared to TWD 361.534 million a year ago. Operating income was TWD 30.292 million compared to TWD 9.178 million a year ago. Net income was TWD 25.029 million compared to TWD 8.844 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 0.15 a year ago.
Yem Chio Distribution Co Ltd, formerly Xin Chio Global Co Ltd, is a Taiwan-based company principally engaged in the trading of packaging materials. The Companyâs main products consist of tapes, buffer packaging materials, plastic bags, electronic packaging materials, packaging machines, paper packaging products, packing belts, plastic films and others. In addition, the Company provides cloud computing application software consulting and installation services. The Company mainly distributes its products in Taiwan, as well as Europe, the Americas, Australia and Asia-Pacific region.