Longchen Paper & Packaging Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 04:37 am EST
Share
Longchen Paper & Packaging Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 12,756.72 million compared to TWD 15,699.96 million a year ago. Net loss was TWD 485.03 million compared to net income of TWD 483.11 million a year ago. Basic loss per share from continuing operations was TWD 0.38 compared to basic earnings per share from continuing operations of TWD 0.38 a year ago. Diluted loss per share from continuing operations was TWD 0.38 compared to diluted earnings per share from continuing operations of TWD 0.38 a year ago.
For the nine months, sales was TWD 39,560.64 million compared to TWD 40,925.93 million a year ago. Net loss was TWD 184.02 million compared to net income of TWD 1,903.92 million a year ago. Basic loss per share from continuing operations was TWD 0.14 compared to basic earnings per share from continuing operations of TWD 1.49 a year ago. Diluted loss per share from continuing operations was TWD 0.14 compared to diluted earnings per share from continuing operations of TWD 1.49 a year ago.
Longchen Paper & Packaging Co., Ltd., formerly Long Chen Paper Co., Ltd., is a Taiwan-based company principally engaged in the manufacture and sale of paper products. The Companyâs products include industrial paper and corrugated paper container products. Its industrial paper includes kraft paperboards and corrugated medium paper. Its corrugated paper products include corrugated paperboards and corrugated paper boxes. The Company is also involved in the provision of recycling of energy and resources services, including the purchasing and sale of waste paper, the treatment of public sewage, the cogeneration of steam and electricity, the turnkey contracting of incinerators, car testing and commission operation businesses. The Company operates businesses in Taiwan, China, Japan and Germany.
LONGCHEN PAPER & PACKAGING CO., LTD. 
