Yi Jinn Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 15, 2022 at 09:27 pm EDT
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Yi Jinn Industrial Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 1,211.58 million compared to TWD 957.3 million a year ago. Revenue was TWD 1,202.59 million compared to TWD 951.14 million a year ago. Net income was TWD 962.55 million compared to TWD 69.47 million a year ago. Basic earnings per share from continuing operations was TWD 4.31 compared to TWD 0.31 a year ago. Diluted earnings per share from continuing operations was TWD 4.31 compared to TWD 0.31 a year ago.
Yi Jinn Industrial Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Company's products include finished filament, polyester filament, weaving fabrics and gray cloth, among others. The Company operates through three segments. The Textile segment is engaged in the manufacture, processing and trading of artificial fibers and natural fibers. The Leasing segment is engaged in the trading and leasing of real estates. The General Businesses segment is engaged in the importing and exporting of textile products, security investment and the development of real estates. The Company operates businesses in Taiwan, Asia, Americas, Africa and Europe, among others.