Hsin Sin Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 07:14 am EST
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Hsin Sin Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 216.302 million compared to TWD 188.510 million a year ago. Sales was TWD 216.492 million compared to TWD 189.002 million a year ago. Negative sales was TWD 61,000 compared to TWD 27,000 a year ago. Operating loss was TWD 756,000 compared to TWD 3.966 million a year ago. Net income was TWD 2.182 million compared to net loss of TWD 136,000 a year ago. Basic earnings per share was TWD 0.04 compared to TWD 0 a year ago.
For the nine months, total revenue was TWD 580.700 million compared to TWD 525.769 million a year ago. Sales was TWD 582.251 million compared to TWD 527.364 million a year ago. Negative sales was TWD 831,000 compared to TWD 556,000 a year ago. Operating loss was TWD 9.771 million compared to TWD 5.450 million a year ago. Net loss was TWD 329,000 compared to TWD 1.351 million a year ago. Basic loss per share was TWD 0.01 compared to TWD 0.03 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. 
