Jian Sin Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 02:40 pm EDT
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Jian Sin Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,453.087 million compared to TWD 1,534.295 million a year ago. Operating loss was TWD 102.877 million compared to operating Income of TWD 24.117 million a year ago. Net loss was TWD 120.338 million compared to net income of TWD 2.729 million a year ago. Basic loss per share was TWD 2.4 compared to basic earnings per share of TWD 0.05 a year ago.
JIAN SIN INDUSTRIAL CO, LTD, formerly Yuan Feng Industrial Co Ltd, is a Taiwan-based company principally engaged in the manufacture, processing and distribution of various steel wheels and aluminum alloy wheels. The Company's steel wheels are used as vehicle steel rims for cars, sport utility vehicles (SUVs) and medium-sized trucks, among others. Its aluminum alloy wheels are used as wheel rims for trailers, passenger cars, stacking machines and farm cultivators. The Company distributes its products in domestic market and to overseas markets, including Japan, North America, Australia, Europe, Middle East, South Africa, among others.