Shin Tai Industry Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Shin Tai Industry Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 5.89 million compared to TWD 3.81 million a year ago. Revenue was TWD 5.89 million compared to TWD 3.81 million a year ago. Net income was TWD 22.1 million compared to net loss of TWD 21.04 million a year ago. Basic earnings per share from continuing operations was TWD 0.1719 compared to basic loss per share from continuing operations of TWD 0.1641 a year ago. Diluted earnings per share from continuing operations was TWD 0.1719 compared to diluted loss per share from continuing operations of TWD 0.1641 a year ago.
For the six months, sales was TWD 9.33 million compared to TWD 7.63 million a year ago. Revenue was TWD 9.33 million compared to TWD 7.63 million a year ago. Net income was TWD 46.18 million compared to net loss of TWD 33.88 million a year ago. Basic earnings per share from continuing operations was TWD 0.3594 compared to basic loss per share from continuing operations of TWD 0.2656 a year ago. Diluted earnings per share from continuing operations was TWD 0.3594 compared to diluted loss per share from continuing operations of TWD 0.2656 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.