General Plastic Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:57 pm EST
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General Plastic Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,495.218 million compared to TWD 1,629.429 million a year ago. Operating income was TWD 104.099 million compared to TWD 101.822 million a year ago. Net income was TWD 76.420 million compared to TWD 89.489 million a year ago. Basic earnings per share was TWD 0.6 compared to TWD 0.79 a year ago. For the nine months, sales was TWD 4,823.347 million compared to TWD 5,066.244 million a year ago. Operating income was TWD 349.082 million compared to TWD 241.585 million a year ago. Net income was TWD 265.041 million compared to net loss of TWD 61.072 million a year ago. Basic earnings per share was TWD 2.08 compared to basic loss per share of TWD 0.54 a year ago. Diluted earnings per share was TWD 2.07 compared to diluted loss per share of TWD 0.54 a year ago.
GENERAL PLASTIC INDUSTRIAL CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and distribution of toner cartridges. The Company mainly operates through two business segments. The Operation of Machine Supplies segment is mainly engaged in the research and development, manufacture and sales of photocopiers cartridges, printer cartridges and photosensitive drum gears. The Operation of Tourist Hotels segment is mainly engaged in the arrangement of accommodation, catering and other business travel related businesses. The Company is also engaged in the sales of raw materials and accessories of toner cartridges. The Company mainly distributes its products in domestic market and overseas markets, including the United States of America (the USA), the United Kingdom (the UK), Germany, the Mainland China and others.
GENERAL PLASTIC INDUSTRIAL CO., LTD. 
