Shin Zu Shing Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022
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Shin Zu Shing Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 2,993.49 million compared to TWD 3,142.95 million a year ago. Net income was TWD 328.23 million compared to TWD 294.81 million a year ago. Basic earnings per share from continuing operations was TWD 1.71 compared to TWD 1.54 a year ago. Diluted earnings per share from continuing operations was TWD 1.69 compared to TWD 1.53 a year ago.
Shin Zu Shing Co., LTD. is a Taiwan-based company principally engaged in the research, development, design, manufacture and sales of hubs. The Company's main products include precision metal stampings, precision spring products, metal injection molding (MIM) products and others. The Company's products are mainly used in notebook computers, liquid crystal displays, mobile phones, as well as computers, communications and consumer electronics (3C) products. The Company distributes its products to the Asia Pacific market.