Sinkang Industries Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 24, 2021 at 08:32 pm
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Sinkang Industries Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 3,266.944 million compared to TWD 2,844.436 million a year ago. Operating income was TWD 88.605 million compared to TWD 48.985 million a year ago. Net income was TWD 75.993 million compared to TWD 47.375 million a year ago. Basic earnings per share from continuing operations was TWD 0.58 compared to TWD 0.36 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.