Plastec Technologies, Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 01:44 pm
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Plastec Technologies, Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced operating loss was HKD 15.083 million compared to operating Income of HKD 5.400 million a year ago. Net income was HKD 40.849 million compared to HKD 177.974 million a year ago. Basic loss per share from continuing operations was HKD 0.97 compared to basic earnings per share from continuing operations of HKD 0.47 a year ago.
Plastec Technologies, Ltd. is a holding company. The Company is a vertically integrated plastic manufacturing services provider. It operates through the provision of integrated plastic manufacturing services segment. It provides precision plastic manufacturing services from mold design and fabrication and plastic injection manufacturing to secondary-process finishing, as well as parts assembly through its subsidiary, Plastec International Holdings Limited. It produces a range of plastic casings, components and utensils. Its secondary-process finishing services include smoothing and polishing, laser marking, silk-screening, pad printing, spraying, painting, ultra-violet coating, anti-fog coating, hot stamping and metallic coating. Its customers include original equipment manufacturers, original design manufacturers and original brand manufacturers of consumer electronics, electrical home appliances, telecommunication devices, computer peripherals and precision plastic toys.
PLASTEC TECHNOLOGIES, LTD. 
