Shieh Yih Machinery Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Shieh Yih Machinery Industry Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,221.56 million compared to TWD 1,039.37 million a year ago. Revenue was TWD 1,221.56 million compared to TWD 1,039.37 million a year ago. Net income was TWD 70.82 million compared to TWD 19.96 million a year ago. Basic earnings per share from continuing operations was TWD 0.45 compared to TWD 0.13 a year ago. Diluted earnings per share from continuing operations was TWD 0.45 compared to TWD 0.13 a year ago.
For the nine months, sales was TWD 2,645.36 million compared to TWD 2,744.08 million a year ago. Revenue was TWD 2,645.35 million compared to TWD 2,744.08 million a year ago. Net income was TWD 79.37 million compared to TWD 31.42 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to TWD 0.2 a year ago. Diluted earnings per share from continuing operations was TWD 0.5 compared to TWD 0.2 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. 
