Sinkang Industries Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 07, 2018 at 02:46 pm EST
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Sinkang Industries Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 761.821 million compared to TWD 769.557 million a year ago. Operating loss was TWD 7.977 million compared to operating Income of TWD 33.219 million a year ago. Net loss was TWD 5.843 million compared to net income of TWD 29.186 million a year ago. Basic loss per share was TWD 0.04 compared to basic earnings per share of TWD 0.22 a year ago. For the nine months, sales was TWD 2,352.239 million compared to TWD 2,038.241 million a year ago. Operating income was TWD 31.492 million compared to TWD 2.591 million a year ago. Net income was TWD 18.444 million compared to TWD 3.192 million a year ago. Basic earnings per share was TWD 0.14 compared to TWD 0.02 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. 