Yi Shin Textile Industrial Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 05, 2021
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Yi Shin Textile Industrial Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was TWD 833.030 million compared to TWD 503.942 million a year ago. Operating income was TWD 174.821 million compared to TWD 52.344 million a year ago. Net income was TWD 152.532 million compared to TWD 33.095 million a year ago. Basic earnings per share from continuing operations was TWD 2.54 compared to TWD 0.55 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.