Sinkang Industries Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 07, 2019 at 09:17 pm
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Sinkang Industries Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 675.009 million compared to TWD 778.887 million a year ago. Operating income was TWD 1.656 million compared to TWD 21.732 million a year ago. Net income was TWD 981,000 compared to TWD 8.820 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.07 a year ago. For the half year, sales was TWD 1,362.058 million compared to TWD 1,590.418 million a year ago. Operating income was TWD 24.260 million compared to TWD 39.469 million a year ago. Net income was TWD 19.522 million compared to TWD 24.287 million a year ago. Basic earnings per share was TWD 0.15 compared to TWD 0.19 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.
SINKANG INDUSTRIES CO., LTD. 
