Jian Sin Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 07:42 pm EDT
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Jian Sin Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 356.61 million compared to TWD 364.67 million a year ago. Net income was TWD 0.272 million compared to TWD 6.16 million a year ago.
For the six months, sales was TWD 636.02 million compared to TWD 715.98 million a year ago. Net loss was TWD 23.11 million compared to TWD 0.937 million a year ago. Basic loss per share from continuing operations was TWD 0.4 compared to TWD 0.02 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. 