Shin Tai Industry Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:44 am
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Shin Tai Industry Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 9.43 million compared to TWD 5.89 million a year ago. Net loss was TWD 25.26 million compared to net income of TWD 22.1 million a year ago. Basic loss per share from continuing operations was TWD 0.6964 compared to basic earnings per share from continuing operations of TWD 0.1534 a year ago.
For the six months, sales was TWD 15.19 million compared to TWD 9.33 million a year ago. Net income was TWD 10.09 million compared to TWD 46.18 million a year ago. Basic earnings per share from continuing operations was TWD 0.2768 compared to TWD 0.3209 a year ago.
Shin Tai Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and trading of feedstuff for poultry, livestock and fish. The Company provides feedstuff for ducks, chicken, pigs, fish, prawn, eel, fresh water fish and seawater fish. The Company also provides corn, manioc and other raw materials. The Company distributes its products in domestic market and to overseas markets.