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PLASTEC TECHNOLOGIES ORD (PLTYF) is a leading provider of innovative plastic packaging solutions for various industries worldwide. The company specializes in the design, manufacturing, and distribution of high-quality plastic packaging products, including bottles, containers, and closures. With a strong focus on sustainability and cutting-edge technology, PLASTEC TECHNOLOGIES ORD continues to expand its product line and reach new markets. The company's commitment to quality, efficiency, and customer satisfaction sets it apart in the competitive packaging industry.
Plastec Technologies, (OTCBB: PLTYF) has reported its unaudited financial results for the first half of fiscal 2024, ending June 30. The company maintains a strong balance sheet with $12.2 million in cash and cash equivalents, slightly down from $12.3 million at the end of 2023. Working capital stood at $11.0 million, compared to $11.1 million on December 31, 2023. The book value per share remained stable at $0.86.
Chairman Kin Sun Sze-To emphasized the company's lean corporate structure and minimal operations, highlighting their readiness to capitalize on new opportunities due to their strong financial position. The company's financial stability suggests a cautious approach while maintaining flexibility for potential future ventures.
Plastec Technologies, Ltd. (OTC-PINK: PLTYF) reported its audited financial results for the fiscal year ending
Plastec Technologies, Ltd. (OTCBB: PLTYF) reported unaudited financial results for the six months ending June 30, 2022. The Company holds $11.3 million in working capital, down slightly from $11.5 million at the end of 2021. Book value per share is $0.88, a decrease from $0.89. The Board has extended its securities repurchase plan until September 25, 2023, permitting up to $5 million in repurchases. Chairman Kin Sun Sze-To emphasized the Company’s focus on maintaining a lean expense structure and readiness to seize market opportunities.
Plastec Technologies, Ltd. (OTCBB: PLTYF) reported its audited financial results for the fiscal year 2021, ending December 31, 2021. The company experienced a significant decline in working capital, falling from $22.2 million in 2020 to $11.5 million in 2021. Additionally, the book value per share decreased from $1.72 to $0.89 during the same period. Chairman Kin Sun Sze-To noted the company's commitment to maintaining its public status and low expense infrastructure to explore investment opportunities.
Plastec Technologies, Ltd. (PLTYF) reported its financial results for the six months ending June 30, 2021. The company maintains a working capital of $22.1 million, slightly down from $22.2 million at year-end 2020. Book value per share stands at $1.71, down from $1.72. A special cash dividend of $0.80 per share is declared, payable August 26, 2021, to shareholders on record as of August 19, 2021. Additionally, the securities repurchase plan is extended through September 25, 2022, allowing up to $5 million in repurchases.
Plastec Technologies, Ltd. (OTCBB: PLTYF) reported its audited financial results for the fiscal year ended December 31, 2020. The company held $22.2 million in working capital, slightly down from $22.6 million in 2019. The book value per share decreased to $1.72 from $1.76 year-over-year. Chairman Kin Sun Sze-To emphasized maintaining the company’s public listing status and a low expense structure to ensure readiness for future investment opportunities. However, the results contain forward-looking statements with significant risks that may affect actual outcomes.
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