Jian Sin Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 05:02 pm EST
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Jian Sin Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 517.819 million compared to TWD 349.243 million a year ago. Operating income was TWD 6.584 million compared to TWD 8.983 million a year ago. Net income was TWD 1.651 million compared to TWD 364,000 a year ago. Basic earnings per share was TWD 0.03 compared to TWD 0.01 a year ago. For the nine months, sales was TWD 1,017.520 million compared to TWD 1,225.193 million a year ago. Operating loss was TWD 75.829 million compared to operating Income of TWD 35.796 million a year ago. Net loss was TWD 74.726 million compared to net income of TWD 28.100 million a year ago. Basic loss per share was TWD 1.49 compared to basic earnings per share of TWD 0.56 a year ago. Diluted loss per share was TWD 1.49 compared to diluted earnings per share of TWD 0.55 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. 