Shin Zu Shing Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021 at 05:34 am EDT
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Shin Zu Shing Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 2,888.461 million compared to TWD 3,766.125 million a year ago. Operating income was TWD 406.192 million compared to TWD 628.570 million a year ago. Net income was TWD 339.475 million compared to TWD 361.323 million a year ago. Basic earnings per share from continuing operations was TWD 1.77 compared to TWD 1.99 a year ago. Diluted earnings per share from continuing operations was TWD 1.76 compared to TWD 1.98 a year ago. For the half year, sales was TWD 6,031.411 million compared to TWD 6,410.031 million a year ago. Operating income was TWD 866.345 million compared to TWD 878.428 million a year ago. Net income was TWD 634.282 million compared to TWD 617.982 million a year ago. Basic earnings per share from continuing operations was TWD 3.3 compared to TWD 3.41 a year ago. Diluted earnings per share from continuing operations was TWD 3.29 compared to TWD 3.39 a year ago.
Shin Zu Shing Co., LTD. is a Taiwan-based company principally engaged in the research, development, design, manufacture and sales of hubs. The Company's main products include precision metal stampings, precision spring products, metal injection molding (MIM) products and others. The Company's products are mainly used in notebook computers, liquid crystal displays, mobile phones, as well as computers, communications and consumer electronics (3C) products. The Company distributes its products to the Asia Pacific market.