Yieh Hsing Enterprise Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 10:20 am
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Yieh Hsing Enterprise Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 1,862.6 million compared to TWD 1,672.59 million a year ago. Net loss was TWD 40.26 million compared to net income of TWD 18.19 million a year ago. Basic loss per share from continuing operations was TWD 0.08 compared to basic earnings per share from continuing operations of TWD 0.03 a year ago. Diluted loss per share from continuing operations was TWD 0.08 compared to diluted earnings per share from continuing operations of TWD 0.03 a year ago.
YIEH HSING ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of stainless steel wires and carbon steel wires. The main products of the Company include stainless steel wires, carbon steel wires, alloy steel wires, free-cutting steel wires, steel bars and straight bars, among others. Its products are applied in the manufacture of screws, screw caps, small scale hand tools and springs, among others. The Company operates businesses in Taiwan, the United States, Southeast Asia, Northeast Asia and Europe, among others.