Yi Jinn Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 10:02 am EDT
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Yi Jinn Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 1,287.082 million compared to TWD 1,331.715 million a year ago. Operating income was TWD 103.431 million compared to TWD 101.741 million a year ago. Net loss was TWD 10.953 million compared to net income of TWD 41.884 million a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 0.18 a year ago. For the half year, total revenue was TWD 2,651.518 million compared to TWD 2,744.334 million a year ago. Operating income was TWD 583.589 million compared to TWD 602.000 million a year ago. Net income was TWD 235.548 million compared to TWD 413.520 million a year ago. Basic earnings per share was TWD 1.04 compared to TWD 1.76 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.