Jian Sin Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 05:07 pm EST
Share
Jian Sin Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 421.83 million compared to TWD 412.78 million a year ago. Net income was TWD 5.31 million compared to net loss of TWD 28.47 million a year ago. Basic earnings per share from continuing operations was TWD 0.09 compared to basic loss per share from continuing operations of TWD 0.57 a year ago.
For the nine months, sales was TWD 1,137.81 million compared to TWD 1,122.15 million a year ago. Net income was TWD 4.38 million compared to net loss of TWD 106.66 million a year ago. Basic earnings per share from continuing operations was TWD 0.08 compared to basic loss per share from continuing operations of TWD 2.13 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. 