Zeng Hsing Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 09:50 pm EDT
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Zeng Hsing Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,906.49 million compared to TWD 1,925.88 million a year ago. Net income was TWD 96.2 million compared to TWD 204.05 million a year ago. Basic earnings per share from continuing operations was TWD 1.45 compared to TWD 3.37 a year ago. Diluted earnings per share from continuing operations was TWD 1.45 compared to TWD 3.37 a year ago.
For the six months, sales was TWD 3,562.46 million compared to TWD 3,911.65 million a year ago. Net income was TWD 109.08 million compared to TWD 363.16 million a year ago. Basic earnings per share from continuing operations was TWD 1.64 compared to TWD 6 a year ago. Diluted earnings per share from continuing operations was TWD 1.64 compared to TWD 5.99 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. 
