Hsinjing Holding Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 11:17 pm
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Hsinjing Holding Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 165.25 million compared to TWD 301.79 million a year ago. Net loss was TWD 13.25 million compared to net income of TWD 19.1 million a year ago. Basic loss per share from continuing operations was TWD 0.17 compared to basic earnings per share from continuing operations of TWD 0.25 a year ago.
For the six months, sales was TWD 283.69 million compared to TWD 468.22 million a year ago. Net loss was TWD 29.17 million compared to net income of TWD 20.74 million a year ago. Basic loss per share from continuing operations was TWD 0.37 compared to basic earnings per share from continuing operations of TWD 0.27 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.