Yi Shin Textile Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 08:03 am EST
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Yi Shin Textile Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 265.68 million compared to TWD 396.31 million a year ago. Net income was TWD 5.68 million compared to TWD 46.23 million a year ago. Basic earnings per share from continuing operations was TWD 0.08 compared to TWD 0.68 a year ago. Diluted earnings per share from continuing operations was TWD 0.08 compared to TWD 0.68 a year ago.
For the nine months, sales was TWD 746.05 million compared to TWD 1,189.58 million a year ago. Net income was TWD 24.3 million compared to TWD 156.61 million a year ago. Basic earnings per share from continuing operations was TWD 0.36 compared to TWD 2.32 a year ago. Diluted earnings per share from continuing operations was TWD 0.36 compared to TWD 2.31 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. 
