Jian Sin Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 08:22 pm
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Jian Sin Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 359.761 million compared to TWD 690.454 million a year ago. Operating income was TWD 3.874 million compared to TWD 47.861 million a year ago. Net income was TWD 21.789 million compared to TWD 28.899 million a year ago. Basic earnings per share was TWD 0.47 compared to TWD 0.62 a year ago. For the half year, sales was TWD 875.950 million compared to TWD 1,355.196 million a year ago. Operating income was TWD 26.813 million compared to TWD 88.876 million a year ago. Net income was TWD 27.736 million compared to TWD 63.970 million a year ago. Basic earnings per share was TWD 0.6 compared to TWD 1.38 a year ago. Diluted earnings per share was TWD 0.6 compared to TWD 1.37 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.