Yi Shin Textile Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:05 am EDT
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Yi Shin Textile Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 222.75 million compared to TWD 377.12 million a year ago. Net income was TWD 7.62 million compared to TWD 50.33 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to TWD 0.74 a year ago. Diluted earnings per share from continuing operations was TWD 0.11 compared to TWD 0.74 a year ago.
For the six months, sales was TWD 480.37 million compared to TWD 793.27 million a year ago. Net income was TWD 18.63 million compared to TWD 110.38 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to TWD 1.63 a year ago. Diluted earnings per share from continuing operations was TWD 0.28 compared to TWD 1.63 a year ago.
Yi Shin Textile Industrial Co., Ltd. is a Taiwan-based company mainly engaged in the production and sale of functional elastic coated yarn products and processing silk trading business. The company's main business includes spinning, weaving, printing and finishing, other chemical materials manufacturing, other related businesses and among others. The company is also engaged in real estate trading and leasing business, investing in the construction of the public construction business, general investment business, as well as industrial plant development and rental business. The company's products mainly include elastic coated yarn, processed silk and special yarn. The company's products are mainly sold to local and overseas markets, such as Vietnam, Japan, Thailand and Indonesia.
YI SHIN TEXTILE INDUSTRIAL CO., LTD. 
