Hsinjing Holding Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 05:21 pm EST
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Hsinjing Holding 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 152.74 million compared to TWD 284.42 million a year ago. Net income was TWD 3.57 million compared to TWD 11.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to TWD 0.15 a year ago.
For the nine months, sales was TWD 436.43 million compared to TWD 752.63 million a year ago. Net loss was TWD 25.6 million compared to net income of TWD 32.31 million a year ago. Basic loss per share from continuing operations was TWD 0.33 compared to basic earnings per share from continuing operations of TWD 0.41 a year ago.
Hsinjing Holding Co., Ltd. is a Taiwan-based company mainly engaged in general investment business. The main business is carried out by subsidiaries. The Company is engaged in the manufacture and sale of solar cell modules. The Company's products include monocrystalline solar cell modules and other customized modules. The products are mainly used for general livelihood electricity, street lights, traffic signs, building exterior walls or roofs, disaster relief equipment and power generation devices. The Company is also engaged in the foundry business. Products are mainly sold to Asia, America and Europe.
HSINJING HOLDING CO., LTD. 
