Zig Sheng Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 02:01 pm EDT
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Zig Sheng Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 2,363.278 million compared to TWD 2,144.335 million a year ago. Operating income was TWD 194.905 million compared to operating loss of TWD 81.651 million a year ago. Net income was TWD 381.949 million compared to net loss of TWD 201.780 million a year ago. Basic earnings per share from continuing operations was TWD 0.72 compared to basic loss per share from continuing operations of TWD 0.33 a year ago.
ZIG SHENG INDUSTRAIL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and trading of textured yarns, nylon filaments and nylon chips. Its textured yarns products include function yarns, high stretch yarns, nylon yarns, multifilament and fancy yarns, among others. Its nylon filament products include fine filament yarns, polyester pre-oriented yarns, oxford yarns and industrial yarns. Its nylon chips products include spinning grade nylon chips and engineering plastic grade nylon chips. The Company also provides compound materials. The Company operates businesses in domestic market and overseas markets, including Europe, Americas, Africa, Oceania and Southeast Asia, among others.
ZIG SHENG INDUSTRIAL CO., LTD. 
