Longchen Paper & Packaging Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:52 am EST
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Longchen Paper & Packaging 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 11,632.89 million compared to TWD 12,756.72 million a year ago. Net loss was TWD 114.42 million compared to TWD 485.03 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to TWD 0.38 a year ago. Diluted loss per share from continuing operations was TWD 0.09 compared to TWD 0.38 a year ago.
For the nine months, sales was TWD 34,403.91 million compared to TWD 39,560.64 million a year ago. Net loss was TWD 1,077.79 million compared to TWD 184.02 million a year ago. Basic loss per share from continuing operations was TWD 0.81 compared to TWD 0.14 a year ago. Diluted loss per share from continuing operations was TWD 0.81 compared to TWD 0.14 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. 
