Yieh Hsing Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 04:26 pm
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Yieh Hsing Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,290.208 million compared to TWD 1,688.890 million a year ago. Operating loss was TWD 78.026 million compared to TWD 110.568 million a year ago. Net loss was TWD 118.459 million compared to TWD 146.762 million a year ago. Basic loss per share was TWD 0.22 compared to TWD 0.27 a year ago. For the half year, sales was TWD 2,786.702 million compared to TWD 3,560.104 million a year ago. Operating loss was TWD 227.351 million compared to TWD 200.468 million a year ago. Net loss was TWD 307.811 million compared to TWD 277.928 million a year ago. Basic loss per share was TWD 0.58 compared to TWD 0.52 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.
YIEH HSING ENTERPRISE CO., LTD. 
