Zeng Hsing Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020 at 01:35 pm EST
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Zeng Hsing Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 2,251.944 million compared to TWD 2,005.692 million a year ago. Net income was TWD 315.050 million compared to TWD 271.203 million a year ago. Basic earnings per share was TWD 5.2 compared to TWD 4.48 a year ago. For the nine months, sales was TWD 5,035.770 million compared to TWD 4,670.055 million a year ago. Net income was TWD 617.995 million compared to TWD 559.957 million a year ago. Basic earnings per share was TWD 10.21 compared to TWD 9.25 a year ago. Diluted earnings per share was TWD 10.18 compared to TWD 9.22 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.
ZENG HSING INDUSTRIAL CO., LTD. 
