Shinfox Energy Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
June 27, 2021
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Shinfox Energy Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 611.992 million compared to TWD 31.782 million a year ago. Operating income was TWD 346.696 million compared to operating loss of TWD 9.620 million a year ago. Net income was TWD 262.998 million compared to net loss of TWD 14.502 million a year ago.
Shinfox Energy Co Ltd is a Taiwan-based company mainly engaged in the provision of energy-related engineering services. The Company provides construction of renewable energy power plants, mechanical and electrical engineering, energy-saving services and equipment installation and other related turnkey projects. Engineering services include feasibility study and planning, engineering design, equipment supply, equipment production, engineering construction, construction supervision, and commissioning. Technical services include the evaluation and planning of the use of energy-saving lamps, frequency conversion technology, network monitoring, and contract power consumption, and the provision of energy-saving and emission-reduction technical services for shopping malls and department stores. The electricity sales service is to supply the produced electricity to various electricity needs, including industrial electricity and residential electricity.
SHINFOX ENERGY CO., LTD. 
