Zeng Hsing Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 05, 2021 at 02:08 am EDT
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Zeng Hsing Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,591.99 million compared to TWD 2,251.94 million a year ago. Net income was TWD 9.88 million compared to TWD 315.05 million a year ago. Basic earnings per share from continuing operations was TWD 0.16 compared to TWD 5.2 a year ago. Diluted earnings per share from continuing operations was TWD 0.16 compared to TWD 5.2 a year ago.
For the nine months, sales was TWD 6,393.38 million compared to TWD 5,035.77 million a year ago. Net income was TWD 549.14 million compared to TWD 618 million a year ago. Basic earnings per share from continuing operations was TWD 9.07 compared to TWD 10.21 a year ago. Diluted earnings per share from continuing operations was TWD 9.05 compared to TWD 10.18 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. 
