Xin Chio Global Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 03:02 pm EDT
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Xin Chio Global Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 352.382 million compared to TWD 367.528 million a year ago. Operating income was TWD 26.277 million compared to TWD 19.171 million a year ago. Net income was TWD 20.920 million compared to TWD 15.507 million a year ago. Basic earnings per share was TWD 0.35 compared to TWD 0.26 a year ago. For the half year, sales was TWD 693.312 million compared to TWD 729.062 million a year ago. Operating income was TWD 56.569 million compared to TWD 28.349 million a year ago. Net income was TWD 45.949 million compared to TWD 24.351 million a year ago. Basic earnings per share was TWD 0.78 compared to TWD 0.41 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.