Fulin Plastic Industry Cayman Holding Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 07:37 pm
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Fulin Plastic Industry Cayman Holding Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 473.930 million compared to TWD 760.547 million a year ago. Net income was TWD 29.659 million compared to TWD 70.618 million a year ago. Basic earnings per share was TWD 0.6 compared to TWD 1.43 a year ago. For the half year, sales was TWD 1,185.748 million compared to TWD 1,414.155 million a year ago. Net income was TWD 99.477 million compared to TWD 113.202 million a year ago. Basic earnings per share was TWD 2.01 compared to TWD 2.29 a year ago.
Fulin Plastic Industry (Cayman) Holding Co., Ltd. is principally engaged in the production and sales of polyvinyl chloride (PVC) leather products. The Company's product categories are mainly divided into PVC sponge leathers, PVC sheets, PVC casting leathers and others. The Company sells its products under Fulin brand. The Company mainly sells its products to Vietnam market, as well as the United States, Thailand, the Philippines, Malaysia, Cambodia, Myanmar, Turkey, Ecuador, Sri Lanka, Indonesia and Bangladesh. The Company's PVC sponge leather products include PVC sponge leathers used in furniture, leather bags, balls and rubber mats for car mats. The PVC sheet products include transparent PVC sheets, wood grain PVC sheets for building materials, electrical PVC sheets and general PVC sheets. The PVC casting leathers includes PVC casting leathers used in furniture, leather bags and soft leathers for bicycle seat cushions. The Other products include tarpaulins and non-woven fabrics.
FULIN PLASTIC INDUSTRY (CAYMAN) HOLDING CO., LTD. 
