Shinfox Energy Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 12, 2022 at 05:23 am IST
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Shinfox Energy 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 572.14 million compared to TWD 754.41 million a year ago. Net income was TWD 34.99 million compared to TWD 44.3 million a year ago.
For the nine months, sales was TWD 2,677.25 million compared to TWD 1,774.28 million a year ago. Net income was TWD 116.04 million compared to TWD 309.02 million a year ago.
Shinfox Energy Co Ltd is a Taiwan-based company mainly engaged in the provision of energy-related engineering services. The Company provides construction of renewable energy power plants, mechanical and electrical engineering, energy-saving services and equipment installation and other related turnkey projects. Engineering services include feasibility study and planning, engineering design, equipment supply, equipment production, engineering construction, construction supervision, and commissioning. Technical services include the evaluation and planning of the use of energy-saving lamps, frequency conversion technology, network monitoring, and contract power consumption, and the provision of energy-saving and emission-reduction technical services for shopping malls and department stores. The electricity sales service is to supply the produced electricity to various electricity needs, including industrial electricity and residential electricity.
SHINFOX ENERGY CO., LTD. 
