Xu Yuan Packaging Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 06:45 am
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Xu Yuan Packaging Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 312.19 million compared to TWD 297.12 million a year ago. Net income was TWD 0.366 million compared to net loss of TWD 24.89 million a year ago. Basic earnings per share from continuing operations was TWD 0.01 compared to basic loss per share from continuing operations of TWD 0.45 a year ago. Diluted earnings per share from continuing operations was TWD 0.01 compared to diluted loss per share from continuing operations of TWD 0.45 a year ago.
For the six months, sales was TWD 637.07 million compared to TWD 593.2 million a year ago. Net income was TWD 508.24 million compared to net loss of TWD 47.09 million a year ago. Basic earnings per share from continuing operations was TWD 9.27 compared to basic loss per share from continuing operations of TWD 0.86 a year ago. Diluted earnings per share from continuing operations was TWD 9.14 compared to diluted loss per share from continuing operations of TWD 0.86 a year ago.
XU YUAN PACKAGING TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sale of heat shrinkable film printing labels and label equipment. Heat shrinkable film printed labels are used in beverages, food and other packaging. Labeling equipment includes vertical sleeve labeling machines, thin film sleeve labeling machines, bottle cap sleeve labeling machines, shrinking furnaces, labeling machines, palm press, re-inspection machines, and slicers, mainly used in the caps, bottles and safety signs of beverage, food, dairy products, pharmaceuticals, cosmetics and other bottles. The Company also provides polyvinyl chloride (PVC) transparent heat shrinkable film and PVC heat shrinkable rubber pellets.
XU YUAN PACKAGING TECHNOLOGY CO., LTD. 
