Shinih Enterprise Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 03:22 pm EDT
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Shinih Enterprise Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 610.527 million compared to TWD 802.280 million a year ago. Operating income was TWD 42.143 million compared to TWD 38.688 million a year ago. Net income was TWD 36.968 million compared to TWD 23.293 million a year ago. Basic earnings per share was TWD 0.34 compared to TWD 0.21 a year ago.
SHINIH ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the production and sales of non-woven fabrics. The Companyâs principal products include resin cotton, vertical fiber, pinprick cotton, water-mangle fabric, multifunctional thermal insulation material and spinning viscosity and melt spraying products. The Company is also engaged in the production and sales of beddings under its own brands and authorized brands, as well as the trading of interior decorative materials of vehicles, filter and fire prevention materials. The Company mainly operates through four business segments: the Mainland China segment, the United States of America (the USA) segment, the Taiwan segment and the Southeast Asia segment.
SHINIH ENTERPRISE CO., LTD. 