Hsinjing Holding Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Hsinjing Holding Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 301.79 million compared to TWD 153.04 million a year ago. Net income was TWD 19.1 million compared to TWD 19.99 million a year ago. Basic earnings per share from continuing operations was TWD 0.25 compared to TWD 0.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.25 compared to TWD 0.24 a year ago.
For the six months, sales was TWD 468.22 million compared to TWD 387.11 million a year ago. Net income was TWD 20.74 million compared to TWD 41.01 million a year ago. Basic earnings per share from continuing operations was TWD 0.27 compared to TWD 0.53 a year ago. Diluted earnings per share from continuing operations was TWD 0.27 compared to TWD 0.51 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.