Hsin Yung Chien Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 05, 2019 at 02:40 pm EST
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Hsin Yung Chien Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 421.263 million compared to TWD 488.542 million a year ago. Operating income was TWD 113.399 million compared to TWD 128.141 million a year ago. Net income was TWD 92.422 million compared to TWD 103.258 million a year ago. Basic earnings per share was TWD 1.3 compared to TWD 1.46 a year ago. For the nine months, sales was TWD 1,236.975 million compared to TWD 1,374.345 million a year ago. Operating income was TWD 328.889 million compared to TWD 363.122 million a year ago. Net income was TWD 296.659 million compared to TWD 303.016 million a year ago. Basic earnings per share was TWD 4.18 compared to TWD 4.27 a year ago. Diluted earnings per share was TWD 4.17 compared to TWD 4.26 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. 
