Xin Chio Global Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 08:18 am EDT
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Xin Chio Global Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 433.47 million compared to TWD 436.24 million a year ago. Net income was TWD 14.14 million compared to TWD 27.59 million a year ago. Basic earnings per share from continuing operations was TWD 0.23 compared to TWD 0.45 a year ago. Diluted earnings per share from continuing operations was TWD 0.19 compared to TWD 0.37 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.