Ting Sin Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 07:00 pm EDT
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Ting Sin Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 360.171 million compared to TWD 513.560 million a year ago. Operating loss was TWD 3.075 million compared to operating Income of TWD 30.103 million a year ago. Net loss was TWD 15.755 million compared to net income of TWD 15.197 million a year ago. Basic loss per share was TWD 0.17 compared to basic earnings per share of TWD 0.16 a year ago. For the half year, sales was TWD 685.319 million compared to TWD 910.024 million a year ago. Operating income was TWD 3.187 million compared to TWD 29.683 million a year ago. Net loss was TWD 15.241 million compared to net income of TWD 32.295 million a year ago. Basic loss per share was TWD 0.16 compared to basic earnings per share of TWD 0.36 a year ago.
Ting Sin CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of aluminum alloy products. The Company's main products include aluminum rolling products, aluminum alloy rods and aluminum extruded products. The Company's products are mainly used in electronic information products, building materials structure, door and window frames, automobile parts, bicycle parts, sports equipments and home hardware. The Company distributes its products within the domestic market and to overseas markets.