Plastec Technologies, Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 26, 2019 at 01:41 pm
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Plastec Technologies, Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced operating loss was HKD 10.083 million compared to operating Income of HKD 17.297 million a year ago. Net loss was HKD 8.847 million compared to net income of HKD 10.712 million 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.