Hsin Sin Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 11, 2021
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Hsin Sin Textile Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 106.710 million compared to TWD 123.178 million a year ago. Operating income was TWD 7.005 million compared to operating loss of TWD 4.323 million a year ago. Net income was TWD 5.451 million compared to net loss of TWD 19.223 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to basic loss per share from continuing operations of TWD 0.37 a year ago.
HSIN SIN TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of processed Tedoron yarns. The Company's principal business includes the manufacturing, twisting, weaving and dyeing of natural fibers, synthetic fibers, chemical fibers, wool fibers and other materials, as well as the garment production business. The company's products are mainly sold to Taiwan and overseas markets.