Hsin Sin Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 10:10 am EDT
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Hsin Sin Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 164.247 million compared to TWD 204.537 million a year ago. Sales was TWD 0 compared to negative sales of TWD 705,000 a year ago. Operating loss was TWD 5.879 million compared to TWD 2.702 million a year ago. Net income was TWD 7.818 million compared to TWD 5.029 million a year ago. Basic earnings per share was TWD 0.15 compared to TWD 0.1 a year ago. For the half year, sales was TWD 304.065 million compared to TWD 365.759 million a year ago. Operating loss was TWD 14.149 million compared to TWD 9.015 million a year ago. Net income was TWD 3.463 million compared to net loss of TWD 2.510 million a year ago. Basic earnings per share was TWD 0.07 compared to basic loss per share of TWD 0.05 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.
HSIN SIN TEXTILE CO., LTD. 
