Shin Zu Shing Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 11:41 am
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Shin Zu Shing Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 2,992.728 million compared to TWD 2,790.124 million a year ago. Operating income was TWD 486.574 million compared to TWD 473.558 million a year ago. Net income was TWD 377.220 million compared to TWD 403.979 million a year ago. Basic earnings per share was TWD 2.11 compared to TWD 2.26 a year ago. Diluted earnings per share was TWD 2.1 compared to TWD 2.25 a year ago. For the nine months, sales was TWD 7,883.166 million compared to TWD 6,894.945 million a year ago. Operating income was TWD 1,230.661 million compared to TWD 923.456 million a year ago. Net income was TWD 888.502 million compared to TWD 766.846 million a year ago. Basic earnings per share was TWD 4.97 compared to TWD 4.29 a year ago. Diluted earnings per share was TWD 4.93 compared to TWD 4.26 a year ago.
Shin Zu Shing Co., LTD. is a Taiwan-based company principally engaged in the research, development, design, manufacture and sales of hubs. The Company's main products include precision metal stampings, precision spring products, metal injection molding (MIM) products and others. The Company's products are mainly used in notebook computers, liquid crystal displays, mobile phones, as well as computers, communications and consumer electronics (3C) products. The Company distributes its products to the Asia Pacific market.