Jian Sin Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 07:19 pm IST
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Jian Sin Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 248.401 million compared to TWD 359.761 million a year ago. Operating loss was TWD 40.513 million compared to operating Income of TWD 3.874 million a year ago. Net loss was TWD 36.771 million compared to net income of TWD 21.789 million a year ago. Basic loss per share was TWD 0.75 compared to basic earnings per share of TWD 0.44 a year ago. Diluted eps was TWD 0 compared to TWD 0.44 a year ago. For the half year, sales was TWD 499.701 million compared to TWD 875.950 million a year ago. Operating loss was TWD 82.413 million compared to operating Income of TWD 26.813 million a year ago. Net loss was TWD 76.377 million compared to net income of TWD 27.736 million a year ago. Basic loss per share was TWD 1.55 compared to basic earnings per share of TWD 0.56 a year ago. Diluted eps was TWD 0 compared to TWD 0.56 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. 
