Yi Jinn Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 12, 2019 at 03:06 pm EDT
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Yi Jinn Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 1,375.463 million compared to TWD 1,424.049 million a year ago. Operating income was TWD 480.158 million compared to TWD 500.259 million a year ago. Net income was TWD 246.501 million compared to TWD 371.636 million a year ago. Basic earnings per share was TWD 1.08 compared to TWD 1.58 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.