Jian Sin Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 07:04 pm IST
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Jian Sin Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 349.243 million compared to TWD 604.726 million a year ago. Operating income was TWD 8.983 million compared to TWD 20.150 million a year ago. Net income was TWD 364,000 compared to TWD 22.676 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.46 a year ago. Diluted earnings per share was TWD 0.01 compared to TWD 0.45 a year ago. For the nine months, sales was TWD 1,225.193 million compared to TWD 1,959.922 million a year ago. Operating income was TWD 35.796 million compared to TWD 109.026 million a year ago. Net income was TWD 28.100 million compared to TWD 86.646 million a year ago. Basic earnings per share was TWD 0.57 compared to TWD 1.74 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. 
