Fulin Plastic Industry Cayman Holding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 08, 2020 at 09:40 am EDT
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Fulin Plastic Industry Cayman Holding Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 711.818 million compared to TWD 653.608 million a year ago. Operating income was TWD 97.985 million compared to TWD 60.343 million a year ago. Net income was TWD 69.818 million compared to TWD 42.584 million a year ago. Basic earnings per share was TWD 1.41 compared to TWD 0.86 a year ago.
Fulin Plastic Industry (Cayman) Holding Co., Ltd. is principally engaged in the production and sales of polyvinyl chloride (PVC) leather products. The Company's product categories are mainly divided into PVC sponge leathers, PVC sheets, PVC casting leathers and others. The Company sells its products under Fulin brand. The Company mainly sells its products to Vietnam market, as well as the United States, Thailand, the Philippines, Malaysia, Cambodia, Myanmar, Turkey, Ecuador, Sri Lanka, Indonesia and Bangladesh. The Company's PVC sponge leather products include PVC sponge leathers used in furniture, leather bags, balls and rubber mats for car mats. The PVC sheet products include transparent PVC sheets, wood grain PVC sheets for building materials, electrical PVC sheets and general PVC sheets. The PVC casting leathers includes PVC casting leathers used in furniture, leather bags and soft leathers for bicycle seat cushions. The Other products include tarpaulins and non-woven fabrics.
FULIN PLASTIC INDUSTRY (CAYMAN) HOLDING CO., LTD. 
