Shinih Enterprise Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 06:50 pm EDT
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Shinih Enterprise Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 2,848.731 million compared to TWD 3,204.651 million a year ago. Operating income was TWD 21.621 million compared to operating loss of TWD 1.418 million a year ago. Net loss was TWD 49.557 million compared to net income of TWD 793,000 a year ago. Basic loss per share was TWD 0.45 compared to basic earnings per share of TWD 0.01 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. 
