Yieh Hsing Enterprise Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 10:32 am EDT
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Yieh Hsing Enterprise Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,496.494 million compared to TWD 1,871.214 million a year ago. Operating loss was TWD 149.325 million compared to TWD 89.900 million a year ago. Net loss was TWD 189.352 million compared to TWD 131.166 million a year ago. Basic loss per share was TWD 0.36 compared to TWD 0.25 a year ago.
YIEH HSING ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of stainless steel wires and carbon steel wires. The main products of the Company include stainless steel wires, carbon steel wires, alloy steel wires, free-cutting steel wires, steel bars and straight bars, among others. Its products are applied in the manufacture of screws, screw caps, small scale hand tools and springs, among others. The Company operates businesses in Taiwan, the United States, Southeast Asia, Northeast Asia and Europe, among others.