Xin Chio Global Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:39 am EST
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Xin Chio Global Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 356.88 million compared to TWD 399.2 million a year ago. Net income was TWD 48.51 million compared to TWD 32.02 million a year ago. Basic earnings per share from continuing operations was TWD 0.78 compared to TWD 0.52 a year ago. Diluted earnings per share from continuing operations was TWD 0.63 compared to TWD 0.42 a year ago.
For the nine months, sales was TWD 1,048.95 million compared to TWD 1,271.18 million a year ago. Net income was TWD 101.07 million compared to TWD 68.94 million a year ago. Basic earnings per share from continuing operations was TWD 1.64 compared to TWD 1.12 a year ago. Diluted earnings per share from continuing operations was TWD 1.31 compared to TWD 0.91 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.