Zeng Hsing Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 04, 2021 at 04:12 am EST
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Zeng Hsing Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 6,965.819 million compared to TWD 5,935.948 million a year ago. Operating income was TWD 1,189.969 million compared to TWD 851.030 million a year ago. Net income was TWD 832.980 million compared to TWD 675.801 million a year ago. Basic earnings per share from continuing operations was TWD 13.76 compared to TWD 11.16 a year ago. Diluted earnings per share from continuing operations was TWD 13.72 compared to TWD 11.13 a year ago.
ZENG HSING INDUSTRIAL CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and distribution of sewing machines. The Company mainly operates through three business segments, including Taiwan segment, China segment and Vietnam segment. The Companyâs products include household sewing machines, household vacuum cleaners and relevant components, as well as water purifiers, among others. The Company also provides technical training services for domestic and overseas clients. The Company distributes its products within domestic market and to overseas markets.
ZENG HSING INDUSTRIAL CO., LTD. 
