Zig Sheng Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Zig Sheng Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 2,553.56 million compared to TWD 2,743.88 million a year ago. Revenue was TWD 2,553.56 million compared to TWD 2,743.88 million a year ago. Net loss was TWD 33.82 million compared to net income of TWD 542.42 million a year ago. Basic loss per share from continuing operations was TWD 0.06 compared to basic earnings per share from continuing operations of TWD 1.02 a year ago. Diluted loss per share from continuing operations was TWD 0.06 compared to diluted earnings per share from continuing operations of TWD 1.02 a year ago.
For the six months, sales was TWD 5,375.42 million compared to TWD 5,107.16 million a year ago. Revenue was TWD 5,375.42 million compared to TWD 5,107.16 million a year ago. Net income was TWD 46.68 million compared to TWD 924.37 million a year ago. Basic earnings per share from continuing operations was TWD 0.09 compared to TWD 1.74 a year ago. Diluted earnings per share from continuing operations was TWD 0.09 compared to TWD 1.74 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.