Sinkang Industries Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 09:09 pm
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Sinkang Industries Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 745.061 million compared to TWD 687.049 million a year ago. Operating income was TWD 4.642 million compared to TWD 22.604 million a year ago. Net income was TWD 5.658 million compared to TWD 18.541 million a year ago. Basic earnings per share was TWD 0.04 compared to TWD 0.14 a year ago.
Sinkang Industries Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sale of stainless steel sheets, rolls, bars, wires and tubes. The Company also provides shearing services, slitting services, surface treatment services, mirror finishing services, section steel processing and tread plate manufacturing services. The Company's products are applied in construction, food, kitchenware, transportation, chemical, medical equipment, electronics, environmental protection, firefighting, home appliance, furniture and other fields. The Company distributes its products in domestic markets and to overseas markets.