Yieh Hsing Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 03:54 am
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Yieh Hsing Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,753.638 million compared to TWD 1,290.208 million a year ago. Operating income was TWD 83.688 million compared to operating loss of TWD 78.026 million a year ago. Net income was TWD 7.865 million compared to net loss of TWD 118.459 million a year ago. Basic earnings per share from continuing operations was TWD 0.01 compared to basic loss per share from continuing operations of TWD 0.22 a year ago. For the half year, sales was TWD 3,426.232 million compared to TWD 2,786.702 million a year ago. Operating income was TWD 171.097 million compared to operating loss of TWD 227.351 million a year ago. Net income was TWD 26.059 million compared to net loss of TWD 307.811 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to basic loss per share from continuing operations of TWD 0.58 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.