Hsinjing Holding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022
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Hsinjing Holding Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 166.42 million compared to TWD 234.07 million a year ago. Net income was TWD 1.65 million compared to TWD 21.01 million a year ago. Basic earnings per share from continuing operations was TWD 0.02 compared to TWD 0.27 a year ago. Diluted earnings per share from continuing operations was TWD 0.02 compared to TWD 0.26 a year ago.
Hsinjing Holding Co., Ltd. is a Taiwan-based company mainly engaged in general investment business. The main business is carried out by subsidiaries. The Company is engaged in the manufacture and sale of solar cell modules. The Company's products include monocrystalline solar cell modules and other customized modules. The products are mainly used for general livelihood electricity, street lights, traffic signs, building exterior walls or roofs, disaster relief equipment and power generation devices. The Company is also engaged in the foundry business. Products are mainly sold to Asia, America and Europe.