Shin Tai Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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Shin Tai Industry 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 39.51 million compared to TWD 29.26 million a year ago. Revenue was TWD 39.51 million compared to TWD 29.26 million a year ago. Net income was TWD 133.53 million compared to TWD 120.9 million a year ago. Basic earnings per share from continuing operations was TWD 0.9196 compared to TWD 0.8304 a year ago. Diluted earnings per share from continuing operations was TWD 0.9196 compared to TWD 0.8304 a year ago.
For the nine months, sales was TWD 48.84 million compared to TWD 36.88 million a year ago. Revenue was TWD 48.84 million compared to TWD 36.88 million a year ago. Net income was TWD 179.71 million compared to TWD 87.02 million a year ago. Basic earnings per share from continuing operations was TWD 1.2411 compared to TWD 0.5982 a year ago. Diluted earnings per share from continuing operations was TWD 1.2411 compared to TWD 0.5982 a year ago.
Shin Tai Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and trading of feedstuff for poultry, livestock and fish. The Company provides feedstuff for ducks, chicken, pigs, fish, prawn, eel, fresh water fish and seawater fish. The Company also provides corn, manioc and other raw materials. The Company distributes its products in domestic market and to overseas markets.