Shinih Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 12:39 pm EST
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Shinih Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 782.591 million compared to TWD 788.289 million a year ago. Net loss was TWD 33.146 million compared to net income of TWD 4.514 million a year ago. Basic loss per share was TWD 0.3 compared to basic earnings per share of TWD 0.04 a year ago.
For the nine months, sales was TWD 2,519.101 million compared to TWD 2,500.794 million a year ago. Net income was TWD 17.922 million compared to TWD 55.622 million a year ago. Basic earnings per share was TWD 0.16 compared to TWD 0.51 a year ago. Diluted earnings per share was TWD 0.16 compared to TWD 0.49 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. 
