Yieh Hsing Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 09:50 am EST
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Yieh Hsing Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,641.945 million compared to TWD 2,223.672 million a year ago. Operating loss was TWD 108.732 million compared to operating Income of TWD 65.149 million a year ago. Net loss was TWD 163.756 million compared to net income of TWD 18.525 million a year ago. Basic loss per share was TWD 0.31 compared to basic earnings per share of TWD 0.03 a year ago. For the nine months, sales was TWD 5,202.049 million compared to TWD 6,798.724 million a year ago. Operating loss was TWD 309.200 million compared to operating Income of TWD 167.817 million a year ago. Net loss was TWD 441.684 million compared to net income of TWD 37.519 million a year ago. Basic loss per share was TWD 0.83 compared to basic earnings per share of TWD 0.07 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. 
