Sinkang Industries Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 05, 2020 at 04:36 pm EDT
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Sinkang Industries Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 763.421 million compared to TWD 675.009 million a year ago. Operating income was TWD 28.267 million compared to TWD 1.656 million a year ago. Net income was TWD 23.085 million compared to TWD 981,000 a year ago. Basic earnings per share was TWD 0.18 compared to TWD 0.01 a year ago. For the half year, sales was TWD 1,508.482 million compared to TWD 1,362.058 million a year ago. Operating income was TWD 32.909 million compared to TWD 24.260 million a year ago. Net income was TWD 28.743 million compared to TWD 19.522 million a year ago. Basic earnings per share was TWD 0.22 compared to TWD 0.15 a year ago.
Sinkang Industries Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sale of stainless steel sheets, rolls, bars, wires and tubes. The Company also provides shearing services, slitting services, surface treatment services, mirror finishing services, section steel processing and tread plate manufacturing services. The Company's products are applied in construction, food, kitchenware, transportation, chemical, medical equipment, electronics, environmental protection, firefighting, home appliance, furniture and other fields. The Company distributes its products in domestic markets and to overseas markets.
SINKANG INDUSTRIES CO., LTD. 