Shinih Enterprise Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 03:56 pm EDT
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Shinih Enterprise Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 706.949 million compared to TWD 610.527 million a year ago. Operating income was TWD 63.477 million compared to TWD 42.143 million a year ago. Net income was TWD 41.849 million compared to TWD 36.968 million a year ago. Basic earnings per share was TWD 0.38 compared to TWD 0.34 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. 