Chian Hsing Forging Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 26, 2019 at 12:37 am EDT
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Chian Hsing Forging Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 2,812.876 million compared to TWD 2,738.126 million a year ago. Operating income was TWD 387.612 million compared to TWD 450.678 million a year ago. Net income was TWD 277.860 million compared to TWD 368.401 million a year ago. Basic earnings per share was TWD 3.63 compared to TWD 4.81 a year ago.
Chian Hsing Forging Industrial Co Ltd is a Taiwan-based company mainly engaged in the forging manufacture and processing of automobile parts, bicycle parts, motorcycle parts and mechanical hardware parts. The automobile parts include transmission parts, suspension forgings, chassis parts, gears, clutches and others. The bicycle parts include steering bearings, crank bearings, transmissions, pedals and others. The motorcycle parts include steering bearings, transmission rod bases, transmission main and counter shafts, gears, aluminum bottles and others. The mechanical hardware parts include sports equipment parts, crankshafts, high-pressure joints, screw caps, alloy bearing forgings, pipeline forgings and others. The Company is also engaged in the provision of rail car forgings. The Company operates within the domestic market and to overseas markets, including the Americas and mainland China.
CHIAN HSING FORGING INDUSTRIAL CO., LTD. 