Shin Tai Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 05:01 pm EST
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Shin Tai Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 48.005 million compared to TWD 34.607 million a year ago. Operating income was TWD 34.185 million compared to TWD 18.290 million a year ago. Net income was TWD 90.812 million compared to TWD 105.477 million a year ago. Basic earnings per share was TWD 0.95 compared to TWD 1.1 a year ago. For the nine months, sales was TWD 59.063 million compared to TWD 47.978 million a year ago. Operating income was TWD 27.984 million compared to TWD 12.913 million a year ago. Net income was TWD 79.706 million compared to TWD 52.123 million a year ago. Basic earnings per share was TWD 0.83 compared to TWD 0.54 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. 
