Shieh Yih Machinery Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 09:58 am
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Shieh Yih Machinery Industry Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 2,642.152 million compared to TWD 3,356.940 million a year ago. Operating loss was TWD 137.183 million compared to operating Income of TWD 37.758 million a year ago. Net income was TWD 15.672 million compared to TWD 18.618 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.12 a year ago.
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.