Chian Hsing Forging Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 22, 2021 at 10:28 am EDT
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Chian Hsing Forging Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 2,264.349 million compared to TWD 2,835.826 million a year ago. Operating income was TWD 278.744 million compared to TWD 312.731 million a year ago. Net income was TWD 233.175 million compared to TWD 234.338 million a year ago. Basic earnings per share from continuing operations was TWD 3.05 compared to TWD 3.06 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. 
