Xin Chio Global Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 03:12 pm EDT
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Xin Chio Global Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 369.783 million compared to TWD 352.382 million a year ago. Operating income was TWD 40.077 million compared to TWD 26.277 million a year ago. Net income was TWD 33.869 million compared to TWD 20.920 million a year ago. Basic earnings per share was TWD 0.6 compared to TWD 0.35 a year ago. For the half year, sales was TWD 714.565 million compared to TWD 693.312 million a year ago. Operating income was TWD 71.776 million compared to TWD 56.569 million a year ago. Net income was TWD 60.461 million compared to TWD 45.949 million a year ago. Basic earnings per share was TWD 1.05 compared to TWD 0.78 a year ago.
Xin Chio Global Co., Ltd. is a Taiwan-based company principally engaged in the trading of packaging materials. The Companyâs main products consist of tapes, buffer packaging materials, plastic bags, electronic packaging materials, packaging machines, paper packaging products, packing belts, plastic films and others. In addition, the Company provides cloud computing application software consulting and installation services. The Company mainly distributes its products in Taiwan, as well as Europe, the Americas, Australia and Asia-Pacific region.
XIN CHIO GLOBAL CO., LTD. 
