Jian Sin Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 10:54 pm IST
Share
Jian Sin Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 251.300 million compared to TWD 516.189 million a year ago. Operating loss was TWD 41.900 million compared to operating Income of TWD 22.939 million a year ago. Net loss was TWD 39.606 million compared to net income of TWD 5.947 million a year ago. Basic loss per share was TWD 0.81 compared to basic earnings per share of TWD 0.12 a year ago.
JIAN SIN INDUSTRIAL CO, LTD, formerly Yuan Feng Industrial Co Ltd, is a Taiwan-based company principally engaged in the manufacture, processing and distribution of various steel wheels and aluminum alloy wheels. The Company's steel wheels are used as vehicle steel rims for cars, sport utility vehicles (SUVs) and medium-sized trucks, among others. Its aluminum alloy wheels are used as wheel rims for trailers, passenger cars, stacking machines and farm cultivators. The Company distributes its products in domestic market and to overseas markets, including Japan, North America, Australia, Europe, Middle East, South Africa, among others.
JIAN SIN INDUSTRIAL CO., LTD. 
