Shieh Yih Machinery Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 02:46 pm
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Shieh Yih Machinery Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 870.419 million compared to TWD 966.894 million a year ago. Operating income was TWD 1.937 million compared to operating loss of TWD 11.087 million a year ago. Net loss was TWD 8.353 million compared to TWD 23.507 million a year ago. Basic loss per share was TWD 0.05 compared to TWD 0.15 a year ago. For the nine months, total revenue was TWD 2,345.418 million compared to TWD 2,924.169 million a year ago. Operating loss was TWD 25.414 million compared to operating Income of TWD 22.871 million a year ago. Net loss was TWD 7.632 million compared to net income of TWD 14.757 million a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 0.09 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.
SHIEH YIH MACHINERY INDUSTRY CO., LTD. 
