Yieh Hsing Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 12:10 pm EDT
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Yieh Hsing Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,688.890 million compared to TWD 2,212.074 million a year ago. Operating loss was TWD 110.568 million compared to operating Income of TWD 40.274 million a year ago. Net loss was TWD 146.762 million compared to net income of TWD 3.834 million a year ago. Basic loss per share was TWD 0.27 compared to basic earnings per share of TWD 0.01 a year ago. For the half year, sales was TWD 3,560.104 million compared to TWD 4,575.052 million a year ago. Operating loss was TWD 200.468 million compared to operating Income of TWD 102.668 million a year ago. Net loss was TWD 277.928 million compared to net income of TWD 18.994 million a year ago. Basic loss per share was TWD 0.52 compared to basic earnings per share of TWD 0.04 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.
YIEH HSING ENTERPRISE CO., LTD. 
