Shin Tai Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 03:46 pm EST
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Shin Tai Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 10.570 million compared to TWD 10.340 million a year ago. Operating income was TWD 18.290 million compared to TWD 20.517 million a year ago. Net income was TWD 105.477 million compared to TWD 124.463 million a year ago. Basic earnings per share was TWD 1.1 compared to TWD 1.3 a year ago. For the nine months, sales was TWD 23.941 million compared to TWD 23.721 million a year ago. Operating income was TWD 12.913 million compared to TWD 12.373 million a year ago. Net income was TWD 52.123 million compared to TWD 152.813 million a year ago. Basic earnings per share was TWD 0.54 compared to TWD 1.6 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. 
