Xin Chio Global Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 12:33 pm EST
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Xin Chio Global Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 359.548 million compared to TWD 369.656 million a year ago. Operating income was TWD 30.241 million compared to TWD 25.987 million a year ago. Net income was TWD 25.814 million compared to TWD 22.597 million a year ago. Basic earnings per share was TWD 0.44 compared to TWD 0.38 a year ago. For the nine months, sales was TWD 1,052.860 million compared to TWD 1,098.718 million a year ago. Operating income was TWD 86.810 million compared to TWD 54.336 million a year ago. Net income was TWD 71.763 million compared to TWD 46.948 million a year ago. Basic earnings per share was TWD 1.22 compared to TWD 0.79 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.