Shin Tai Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 11:48 am
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Shin Tai Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 36.649 million compared to TWD 39.209 million a year ago. Sales was TWD 10.340 million compared to TWD 15.165 million a year ago. Operating income was TWD 20.517 million compared to TWD 13.455 million a year ago. Net income was TWD 124.463 million compared to TWD 198.843 million a year ago. Basic earnings per share was TWD 1.47 compared to TWD 2.34 a year ago. Diluted earnings per share was TWD 1.46 compared to TWD 2.33 a year ago. For the nine months, total revenue was TWD 50.030 million compared to TWD 63.717 million a year ago. Sales was TWD 23.721 million compared to TWD 40.031 million a year ago. Operating income was TWD 12.373 million compared to operating loss of TWD 6.454 million a year ago. Net income was TWD 152.813 million compared to TWD 302.003 million a year ago. Basic earnings per share was TWD 1.8 compared to TWD 3.55 a year ago. Diluted earnings per share was TWD 1.79 compared to TWD 3.54 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.