Shin Tai Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 10:24 am EDT
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Shin Tai Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 6.861 million compared to TWD 8.675 million a year ago. Operating loss was TWD 2.089 million compared to TWD 1.969 million a year ago. Net income was TWD 4.915 million compared to net loss of TWD 17.209 million a year ago. Basic earnings per share was TWD 0.05 compared to basic loss per share of TWD 0.18 a year ago. For the half year, total revenue was TWD 11.058 million compared to TWD 13.371 million a year ago. Operating loss was TWD 6.201 million compared to TWD 5.377 million a year ago. Net loss was TWD 11.106 million compared to TWD 53.354 million a year ago. Basic loss per share was TWD 0.12 compared to TWD 0.56 a year ago.
Shin Tai Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and trading of feedstuff for poultry, livestock and fish. The Company provides feedstuff for ducks, chicken, pigs, fish, prawn, eel, fresh water fish and seawater fish. The Company also provides corn, manioc and other raw materials. The Company distributes its products in domestic market and to overseas markets.