Shin Zu Shing Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 07:37 pm EDT
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Shin Zu Shing 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 3,016.64 million compared to TWD 2,888.46 million a year ago. Net income was TWD 422.67 million compared to TWD 339.48 million a year ago. Basic earnings per share was TWD 2.2 compared to TWD 1.77 a year ago. Diluted earnings per share was TWD 2.19 compared to TWD 1.76 a year ago.
For the six months, sales was TWD 6,010.13 million compared to TWD 6,031.41 million a year ago. Net income was TWD 750.9 million compared to TWD 634.28 million a year ago. Basic earnings per share was TWD 3.9 compared to TWD 3.3 a year ago. Diluted earnings per share was TWD 3.88 compared to TWD 3.29 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.