Yi Jinn Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 01:42 pm EDT
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Yi Jinn Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 449.347 million compared to TWD 1,081.646 million a year ago. Operating income was TWD 703.479 million compared to TWD 110.124 million a year ago. Net income was TWD 548.498 million compared to net loss of TWD 10.953 million a year ago. Basic earnings per share was TWD 2.46 compared to basic loss per share of TWD 0.05 a year ago. Diluted earnings per share was TWD 2.45 compared to diluted loss per share of TWD 0.05 a year ago. For the half year, total revenue was TWD 1,279.872 million compared to TWD 2,242.638 million a year ago. Operating income was TWD 736.111 million compared to TWD 603.633 million a year ago. Net income was TWD 504.988 million compared to TWD 235.548 million a year ago. Basic earnings per share was TWD 2.26 compared to TWD 1.04 a year ago. Diluted earnings per share was TWD 2.25 compared to TWD 1.03 a year ago.
Yi Jinn Industrial Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Companyâs 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.
YI JINN INDUSTRIAL CO., LTD. 
