Shin Tai Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 01:34 pm EDT
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Shin Tai Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 8.675 million compared to TWD 7.348 million a year ago. Operating loss was TWD 1.969 million compared to TWD 3.669 million a year ago. Net loss was TWD 17.209 million compared to net income of TWD 19.298 million a year ago. Basic loss per share was TWD 0.18 compared to basic earnings per share of TWD 0.2 a year ago. For the half year, total revenue was TWD 13.371 million compared to TWD 13.381 million a year ago. Operating loss was TWD 5.530 million compared to TWD 8.144 million a year ago. Net loss was TWD 53.354 million compared to net income of TWD 28.350 million a year ago. Basic loss per share was TWD 0.56 compared to basic earnings per share of TWD 0.3 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.
SHIN TAI INDUSTRY CO., LTD. 
