Hsin Yung Chien Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 04:52 pm EDT
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Hsin Yung Chien Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 395.81 million compared to TWD 505.2 million a year ago. Net income was TWD 123 million compared to TWD 45.59 million a year ago. Basic earnings per share from continuing operations was TWD 1.58 compared to TWD 0.58 a year ago. Diluted earnings per share from continuing operations was TWD 1.58 compared to TWD 0.58 a year ago.
For the six months, sales was TWD 746.97 million compared to TWD 959.79 million a year ago. Net income was TWD 217.35 million compared to TWD 162.6 million a year ago. Basic earnings per share from continuing operations was TWD 2.79 compared to TWD 2.08 a year ago. Diluted earnings per share from continuing operations was TWD 2.78 compared to TWD 2.07 a year ago.
HSIN YUNG CHIEN CO.,LTD. is a Taiwan-based company principally engaged in the manufacture and sales of rubber conveyor belts and other rubber products. The Company's main products include rubber conveyor belts; rubber sheets; oil-, acid- and heat-resisting packing; other packing; rubber fenders; special canvases; chemical fiber cloths for conveyor belts and conveyor parts. The Company distributes its products in domestic market and to overseas markets.
HSIN YUNG CHIEN CO., LTD. 
