Jiin Ming Industry Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022
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Jiin Ming Industry Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 257.02 million compared to TWD 389.2 million a year ago. Net loss was TWD 16.35 million compared to net income of TWD 13.58 million a year ago. Basic loss per share from continuing operations was TWD 0.23 compared to basic earnings per share from continuing operations of TWD 0.23 a year ago. Diluted loss per share from continuing operations was TWD 0.23 compared to diluted earnings per share from continuing operations of TWD 0.23 a year ago.
For the six months, sales was TWD 545.44 million compared to TWD 726.6 million a year ago. Net loss was TWD 43.86 million compared to net income of TWD 11.11 million a year ago. Basic loss per share from continuing operations was TWD 0.62 compared to basic earnings per share from continuing operations of TWD 0.19 a year ago. Diluted loss per share from continuing operations was TWD 0.62 compared to diluted earnings per share from continuing operations of TWD 0.19 a year ago.
Jiin Ming Industry CO.,LTD is a Taiwan-based company principally engaged in the manufacture, processing and sales of hardware and magnesium alloy products. The Company's main products include metal stampings, laptop enclosures, continuous stamping dies and others. The Company's products are mainly used in liquid crystal displays (LCDs) and notebook computers. The Company distributes its products in domestic market and to overseas markets.