Jian Sin Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 12, 2019 at 07:05 pm
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Jian Sin Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 516.189 million compared to TWD 664.742 million a year ago. Operating income was TWD 22.939 million compared to TWD 41.015 million a year ago. Net income was TWD 5.947 million compared to TWD 35.071 million a year ago. Basic earnings per share was TWD 0.13 compared to TWD 0.75 a year ago.
JIAN SIN INDUSTRIAL CO, LTD, formerly Yuan Feng Industrial Co Ltd, is a Taiwan-based company principally engaged in the manufacture, processing and distribution of various steel wheels and aluminum alloy wheels. The Company's steel wheels are used as vehicle steel rims for cars, sport utility vehicles (SUVs) and medium-sized trucks, among others. Its aluminum alloy wheels are used as wheel rims for trailers, passenger cars, stacking machines and farm cultivators. The Company distributes its products in domestic market and to overseas markets, including Japan, North America, Australia, Europe, Middle East, South Africa, among others.