Sinkang Industries Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 06, 2021 at 04:47 am IST
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Sinkang Industries Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 876.012 million compared to TWD 763.421 million a year ago. Operating income was TWD 74.111 million compared to TWD 28.267 million a year ago. Net income was TWD 62.361 million compared to TWD 23.085 million a year ago. Basic earnings per share from continuing operations was TWD 0.47 compared to TWD 0.18 a year ago. For the half year, sales was TWD 1,735.141 million compared to TWD 1,508.482 million a year ago. Operating income was TWD 131.909 million compared to TWD 32.909 million a year ago. Net income was TWD 111.537 million compared to TWD 28.743 million a year ago. Basic earnings per share from continuing operations was TWD 0.85 compared to TWD 0.22 a year ago.
Sinkang Industries Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sale of stainless steel sheets, rolls, bars, wires and tubes. The Company also provides shearing services, slitting services, surface treatment services, mirror finishing services, section steel processing and tread plate manufacturing services. The Company's products are applied in construction, food, kitchenware, transportation, chemical, medical equipment, electronics, environmental protection, firefighting, home appliance, furniture and other fields. The Company distributes its products in domestic markets and to overseas markets.
SINKANG INDUSTRIES CO., LTD. 
