Shieh Yih Machinery Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022
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Shieh Yih Machinery Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 776.09 million compared to TWD 753.39 million a year ago. Revenue was TWD 776.09 million compared to TWD 753.39 million a year ago. Net income was TWD 32.53 million compared to net loss of TWD 15.07 million a year ago. Basic earnings per share from continuing operations was TWD 0.21 compared to basic loss per share from continuing operations of TWD 0.1 a year ago. Diluted earnings per share from continuing operations was TWD 0.21.
SHIEH YIH MACHINERY INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of forming machines. The Companyâs primary products include various types of punch and related automatic peripherals. The Companyâs products are mainly used during the manufacture of steam locomotive, air conditions, home appliances, kitchen utensils, electronic equipment, computers, televisions (TVs), mobile phones, as well as the aerospace, medical, machinery and construction industries. The Company mainly operates through two business segments: the sales and maintenance of equipment segment and others segment. The Company mainly distributes its products in domestic market and overseas markets, including the Mainland China and others.