Shin Tai Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:33 am EST
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Shin Tai Industry Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 17.25 million compared to TWD 39.51 million a year ago. Net income was TWD 58.98 million compared to TWD 133.53 million a year ago. Basic earnings per share from continuing operations was TWD 1.62 compared to TWD 0.92 a year ago.
For the nine months, sales was TWD 32.44 million compared to TWD 48.84 million a year ago. Net income was TWD 69.06 million compared to TWD 179.71 million a year ago. Basic earnings per share from continuing operations was TWD 1.9 compared to TWD 1.24 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. 
