Xin Chio Global Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 03:24 pm EST
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Xin Chio Global Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 401.750 million compared to TWD 359.548 million a year ago. Operating income was TWD 31.657 million compared to TWD 30.241 million a year ago. Net income was TWD 36.871 million compared to TWD 25.814 million a year ago. Basic earnings per share was TWD 0.68 compared to TWD 0.44 a year ago. For the nine months, sales was TWD 1,116.315 million compared to TWD 1,052.860 million a year ago. Operating income was TWD 103.433 million compared to TWD 86.810 million a year ago. Net income was TWD 97.332 million compared to TWD 71.763 million a year ago. Basic earnings per share was TWD 1.72 compared to TWD 1.22 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. 
