Shieh Yih Machinery Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 05:39 pm IST
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Shieh Yih Machinery Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 709.250 million compared to TWD 870.419 million a year ago. Operating loss was TWD 11.412 million compared to operating Income of TWD 1.937 million a year ago. Net loss was TWD 4.349 million compared to TWD 8.353 million a year ago. Basic loss per share was TWD 0.03 compared to TWD 0.05 a year ago. For the nine months, total revenue was TWD 1,973.549 million compared to TWD 2,345.418 million a year ago. Operating loss was TWD 85.433 million compared to TWD 25.414 million a year ago. Net loss was TWD 6.483 million compared to TWD 7.632 million a year ago. Basic loss per share was TWD 0.04 compared to TWD 0.05 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.
SHIEH YIH MACHINERY INDUSTRY CO., LTD. 
