Jian Sin Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 29, 2019 at 03:17 am IST
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Jian Sin Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 2,513.827 million compared to TWD 2,827.801 million a year ago. Operating income was TWD 123.302 million compared to TWD 222.590 million a year ago. Net income was TWD 91.212 million compared to TWD 173.265 million a year ago. Basic earnings per share was TWD 1.96 compared to TWD 3.72 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.