Jian Sin Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 06:31 pm EDT
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Jian Sin Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 328.338 million compared to TWD 248.401 million a year ago. Operating loss was TWD 44.358 million compared to TWD 40.513 million a year ago. Net loss was TWD 43.567 million compared to TWD 36.771 million a year ago. Basic loss per share was TWD 0.87 compared to TWD 0.73 a year ago. For the half year, sales was TWD 709.375 million compared to TWD 499.701 million a year ago. Operating loss was TWD 80.375 million compared to TWD 82.413 million a year ago. Net loss was TWD 78.190 million compared to TWD 76.377 million a year ago. Basic loss per share was TWD 1.56 compared to TWD 1.52 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.