Shin Tai Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
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Shin Tai Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 3.808 million compared to TWD 6.861 million a year ago. Operating loss was TWD 5.073 million compared to TWD 2.089 million a year ago. Net loss was TWD 21.037 million compared to net income of TWD 4.915 million a year ago. Basic loss per share from continuing operations was TWD 0.21 compared to basic earnings per share from continuing operations of TWD 0.05 a year ago. For the half year, total revenue was TWD 7.629 million compared to TWD 11.058 million a year ago. Operating loss was TWD 10.113 million compared to TWD 6.201 million a year ago. Net loss was TWD 33.878 million compared to TWD 11.106 million a year ago. Basic loss per share from continuing operations was TWD 0.34 compared to TWD 0.12 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.