Big Sun Shine CO., LTD. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 13, 2022 at 01:28 am IST
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Big Sun Shine CO., LTD. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 298.22 million compared to TWD 38.44 million a year ago. Net income was TWD 89.9 million compared to net loss of TWD 0.609 million a year ago. Basic earnings per share from continuing operations was TWD 3.45 compared to basic loss per share from continuing operations of TWD 0.03 a year ago. Diluted earnings per share from continuing operations was TWD 1.36 compared to diluted loss per share from continuing operations of TWD 0.03 a year ago. Basic earnings per share was TWD 3.45 compared to basic loss per share of TWD 0.03 a year ago. Diluted earnings per share was TWD 1.36 compared to diluted loss per share of TWD 0.03 a year ago.
For the six months, sales was TWD 565.11 million compared to TWD 81.86 million a year ago. Net income was TWD 158.25 million compared to TWD 6.72 million a year ago. Basic earnings per share from continuing operations was TWD 6.08 compared to TWD 0.36 a year ago. Diluted earnings per share from continuing operations was TWD 2.4 compared to TWD 0.11 a year ago. Basic earnings per share was TWD 6.08 compared to TWD 0.36 a year ago. Diluted earnings per share was TWD 2.4 compared to TWD 0.11 a year ago.
Big Sun Shine Co Ltd, formerly Sumagh High Tech Corp, is a Taiwan-based company principally engaged in the manufacture and sale of textile products. The main textile products are jacquard fabrics for clothing and home decorations, functional fabrics for outdoor products, as well as ready-to-wear fabrics. The Company is also engaged in the fabric dyeing and finishing business and the catering business. The Company distributes products in the Taiwan market, as well as the Americas, Asia and Europe markets.