Shin Zu Shing Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 02, 2023 at 11:33 am
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Shin Zu Shing 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 2,343.9 million compared to TWD 3,016.64 million a year ago. Net income was TWD 197.44 million compared to TWD 422.67 million a year ago. Basic earnings per share from continuing operations was TWD 1.05 compared to TWD 2.2 a year ago. Diluted earnings per share from continuing operations was TWD 1.04 compared to TWD 2.19 a year ago.
For the six months, sales was TWD 4,223.83 million compared to TWD 6,010.13 million a year ago. Net income was TWD 322.96 million compared to TWD 750.9 million a year ago. Basic earnings per share from continuing operations was TWD 1.72 compared to TWD 3.9 a year ago. Diluted earnings per share from continuing operations was TWD 1.7 compared to TWD 3.88 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.