Hsin Yung Chien Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 05:50 pm EDT
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Hsin Yung Chien Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 421.862 million compared to TWD 467.716 million a year ago. Operating income was TWD 113.789 million compared to TWD 126.352 million a year ago. Net income was TWD 100.162 million compared to TWD 120.678 million a year ago. Basic earnings per share was TWD 1.48 compared to TWD 1.79 a year ago. For the half year, sales was TWD 815.712 million compared to TWD 885.803 million a year ago. Operating income was TWD 215.490 million compared to TWD 234.981 million a year ago. Net income was TWD 204.237 million compared to TWD 199.758 million a year ago. Basic earnings per share was TWD 3.02 compared to TWD 2.96 a year ago. Diluted earnings per share was TWD 3.01 compared to TWD 2.95 a year ago.
HSIN YUNG CHIEN CO.,LTD. is a Taiwan-based company principally engaged in the manufacture and sales of rubber conveyor belts and other rubber products. The Company's main products include rubber conveyor belts; rubber sheets; oil-, acid- and heat-resisting packing; other packing; rubber fenders; special canvases; chemical fiber cloths for conveyor belts and conveyor parts. The Company distributes its products in domestic market and to overseas markets.
HSIN YUNG CHIEN CO., LTD. 
