Hsin Sin Textile Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023
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Hsin Sin Textile Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 105.8 million compared to TWD 157 million a year ago. Revenue was TWD 105.79 million compared to TWD 156.9 million a year ago. Net loss was TWD 4.74 million compared to net income of TWD 10.12 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to basic earnings per share from continuing operations of TWD 0.2 a year ago.
For the nine months, sales was TWD 304.64 million compared to TWD 437.71 million a year ago. Revenue was TWD 304.6 million compared to TWD 437.23 million a year ago. Net loss was TWD 0.59 million compared to net income of TWD 29.92 million a year ago. Basic loss per share from continuing operations was TWD 0.01 compared to basic earnings per share from continuing operations of TWD 0.58 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. 
