Hsinjing Holding Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 11:03 pm
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Hsinjing Holding Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 153.042 million compared to TWD 31.307 million a year ago. Operating income was TWD 22.692 million compared to operating loss of TWD 4.273 million a year ago. Net income was TWD 19.994 million compared to net loss of TWD 3.621 million a year ago. Basic earnings per share from continuing operations was TWD 0.26 compared to basic loss per share from continuing operations of TWD 0.05 a year ago. Diluted earnings per share from continuing operations was TWD 0.24 compared to diluted loss per share from continuing operations of TWD 0.05 a year ago. For the half year, sales was TWD 387.107 million compared to TWD 56.742 million a year ago. Operating income was TWD 44.335 million compared to operating loss of TWD 3.301 million a year ago. Net income was TWD 41.007 million compared to net loss of TWD 2.817 million a year ago. Basic earnings per share from continuing operations was TWD 0.53 compared to basic loss per share from continuing operations of TWD 0.04 a year ago. Diluted earnings per share from continuing operations was TWD 0.51 compared to diluted loss per share from continuing operations of TWD 0.04 a year ago.
Hsinjing Holding Co., Ltd. is a Taiwan-based company mainly engaged in general investment business. The main business is carried out by subsidiaries. The Company is engaged in the manufacture and sale of solar cell modules. The Company's products include monocrystalline solar cell modules and other customized modules. The products are mainly used for general livelihood electricity, street lights, traffic signs, building exterior walls or roofs, disaster relief equipment and power generation devices. The Company is also engaged in the foundry business. Products are mainly sold to Asia, America and Europe.