Ting Sin Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 02:39 pm EDT
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Ting Sin Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 409.060 million compared to TWD 360.171 million a year ago. Operating income was TWD 9.461 million compared to operating loss of TWD 3.075 million a year ago. Net income was TWD 2.342 million compared to net loss of TWD 15.755 million a year ago. Basic earnings per share was TWD 0.03 compared to basic loss per share of TWD 0.17 a year ago. For the half year, total revenue was TWD 702.485 million compared to TWD 685.319 million a year ago. Operating income was TWD 22.976 million compared to TWD 3.187 million a year ago. Net income was TWD 5.679 million compared to net loss of TWD 15.241 million a year ago. Basic earnings per share was TWD 0.06 compared to basic loss per share of TWD 0.16 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.