Shieh Yih Machinery Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 26, 2020 at 02:44 am IST
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Shieh Yih Machinery Industry Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was TWD 3,356.940 million compared to TWD 3,902.498 million a year ago. Operating income was TWD 37.758 million compared to TWD 82.890 million a year ago. Net income was TWD 18.618 million compared to TWD 94.668 million a year ago. Basic earnings per share was TWD 0.12 compared to TWD 0.6 a year ago.
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.