Jian Sin Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Jian Sin Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 364.67 million compared to TWD 328.34 million a year ago. Net income was TWD 6.16 million compared to net loss of TWD 43.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to basic loss per share from continuing operations of TWD 0.87 a year ago.
For the six months, sales was TWD 715.98 million compared to TWD 709.38 million a year ago. Net loss was TWD 0.937 million compared to TWD 78.19 million a year ago. Basic loss per share from continuing operations was TWD 0.02 compared to TWD 1.56 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.
JIAN SIN INDUSTRIAL CO., LTD. 