Sinkang Industries Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 06, 2019 at 07:29 pm
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Sinkang Industries Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 747.739 million compared to TWD 761.821 million a year ago. Operating income was TWD 28.917 million compared to operating loss of TWD 7.977 million a year ago. Net income was TWD 24.233 million compared to net loss of TWD 5.843 million a year ago. Basic earnings per share was TWD 0.19 compared to basic loss per share of TWD 0.04 a year ago. For the nine months, total revenue was TWD 2,109.797 million compared to TWD 2,352.239 million a year ago. Operating income was TWD 53.177 million compared to TWD 31.492 million a year ago. Net income was TWD 43.755 million compared to TWD 18.444 million a year ago. Basic earnings per share was TWD 0.34 compared to TWD 0.14 a year ago. Diluted earnings per share was TWD 0.33 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.
SINKANG INDUSTRIES CO., LTD. 
