San Neng Group Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 09:10 pm
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San Neng Group Holdings Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 446.192 million compared to TWD 325.425 million a year ago. Operating income was TWD 52.405 million compared to TWD 12.635 million a year ago. Net income was TWD 42.513 million compared to TWD 14.465 million a year ago. Basic earnings per share was TWD 0.7 compared to TWD 0.24 a year ago.
San Neng Group Holdings Co., Ltd. is a Cayman Islands-based company, which is engaged in the manufacturing, processing, sales, trading and agency of baking utensils and related products. The company's products are divided into five categories including custom categories, baking molds, baking tools, household equipment and other category. Its customized products refer to products manufactured for customers according to their special needs, specified specifications and styles of baking equipment. Baking molds are mainly utensils that enters the baking equipment, including various types of baking trays, toast boxes, cake molds, pie plates, mousse rings and others. Its baking equipment comprises peripheral products used in baking in addition to molds, including egg whisks, mixing bowls, pastry tubes, pastry bags, revolving cake stands, knives, trolleys, material impressions, and price tag products. Household appliances are designed and developed for household users.