Ting Sin Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 05:21 pm
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Ting Sin Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 460.866 million compared to TWD 535.295 million a year ago. Operating income was TWD 18.248 million compared to TWD 24.180 million a year ago. Net income was TWD 2.051 million compared to TWD 17.182 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.19 a year ago. For the nine months, total revenue was TWD 1,163.351 million compared to TWD 1,220.614 million a year ago. Operating income was TWD 41.224 million compared to TWD 27.367 million a year ago. Net income was TWD 7.730 million compared to TWD 1.940 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 0.02 a year ago.
Ting Sin CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of aluminum alloy products. The Company's main products include aluminum rolling products, aluminum alloy rods and aluminum extruded products. The Company's products are mainly used in electronic information products, building materials structure, door and window frames, automobile parts, bicycle parts, sports equipments and home hardware. The Company distributes its products within the domestic market and to overseas markets.