Zeng Hsing Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 05, 2021 at 08:43 pm EDT
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Zeng Hsing Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 2,256.167 million compared to TWD 1,614.636 million a year ago. Operating income was TWD 307.677 million compared to TWD 269.788 million a year ago. Net income was TWD 211.046 million compared to TWD 184.848 million a year ago. Basic earnings per share from continuing operations was TWD 3.49 compared to TWD 3.05 a year ago. Diluted earnings per share from continuing operations was TWD 3.48 compared to TWD 3.05 a year ago. For the half year, sales was TWD 4,801.388 million compared to TWD 2,783.826 million a year ago. Operating income was TWD 711.782 million compared to TWD 376.497 million a year ago. Net income was TWD 539.253 million compared to TWD 302.945 million a year ago. Basic earnings per share from continuing operations was TWD 8.91 compared to TWD 5 a year ago. Diluted earnings per share from continuing operations was TWD 8.9 compared to TWD 5 a year ago.
ZENG HSING INDUSTRIAL CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and distribution of sewing machines. The Company mainly operates through three business segments, including Taiwan segment, China segment and Vietnam segment. The Companyâs products include household sewing machines, household vacuum cleaners and relevant components, as well as water purifiers, among others. The Company also provides technical training services for domestic and overseas clients. The Company distributes its products within domestic market and to overseas markets.