Shieh Yih Machinery Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 12:52 am IST
Share
Shieh Yih Machinery Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 486.390 million compared to TWD 686.622 million a year ago. Operating loss was TWD 29.783 million compared to TWD 24.075 million a year ago. Net income was TWD 6.237 million compared to net loss of TWD 12.054 million a year ago. Basic earnings per share was TWD 0.04 compared to basic loss per share of TWD 0.08 a year ago. Diluted earnings per share was TWD 0.04.
SHIEH YIH MACHINERY INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of forming machines. The Companyâs primary products include various types of punch and related automatic peripherals. The Companyâs products are mainly used during the manufacture of steam locomotive, air conditions, home appliances, kitchen utensils, electronic equipment, computers, televisions (TVs), mobile phones, as well as the aerospace, medical, machinery and construction industries. The Company mainly operates through two business segments: the sales and maintenance of equipment segment and others segment. The Company mainly distributes its products in domestic market and overseas markets, including the Mainland China and others.
SHIEH YIH MACHINERY INDUSTRY CO., LTD. 
