General Plastic Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 05:39 am EDT
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General Plastic Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,314.44 million compared to TWD 1,543.62 million a year ago. Net income was TWD 90.82 million compared to TWD 136.04 million a year ago. Basic earnings per share from continuing operations was TWD 0.71 compared to TWD 1.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.71 compared to TWD 1.06 a year ago.
For the six months, sales was TWD 2,683.97 million compared to TWD 3,035.44 million a year ago. Net income was TWD 216.02 million compared to TWD 250.14 million a year ago. Basic earnings per share from continuing operations was TWD 1.69 compared to TWD 1.96 a year ago. Diluted earnings per share from continuing operations was TWD 1.68 compared to TWD 1.95 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.