Yi Shin Textile Industrial Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 13, 2020 at 07:07 pm
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Yi Shin Textile Industrial Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,450.282 million compared to TWD 1,577.792 million a year ago. Operating income was TWD 165.008 million compared to TWD 208.589 million a year ago. Net income was TWD 129.585 million compared to TWD 173.675 million a year ago. Basic earnings per share was TWD 3.6 compared to TWD 4.82 a year ago. Diluted earnings per share was TWD 3.59 compared to TWD 4.8 a year ago.
Yi Shin Textile Industrial Co., Ltd. is a Taiwan-based company mainly engaged in the production and sale of functional elastic coated yarn products and processing silk trading business. The company's main business includes spinning, weaving, printing and finishing, other chemical materials manufacturing, other related businesses and among others. The company is also engaged in real estate trading and leasing business, investing in the construction of the public construction business, general investment business, as well as industrial plant development and rental business. The company's products mainly include elastic coated yarn, processed silk and special yarn. The company's products are mainly sold to local and overseas markets, such as Vietnam, Japan, Thailand and Indonesia.