Shinih Enterprise Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 28, 2019 at 07:36 pm
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Shinih Enterprise Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 3,204.651 million compared to TWD 3,253.598 million a year ago. Operating loss was TWD 1.418 million compared to operating Income of TWD 71.782 million a year ago. Net income was TWD 793,000 compared to TWD 47.741 million a year ago. Basic earnings per share from continuing operations was TWD 0.01 compared to TWD 0.44 a year ago. Diluted earnings per share from continuing operations was TWD 0.01 compared to TWD 0.42 a year ago.
SHINIH ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the production and sales of non-woven fabrics. The Companyâs principal products include resin cotton, vertical fiber, pinprick cotton, water-mangle fabric, multifunctional thermal insulation material and spinning viscosity and melt spraying products. The Company is also engaged in the production and sales of beddings under its own brands and authorized brands, as well as the trading of interior decorative materials of vehicles, filter and fire prevention materials. The Company mainly operates through four business segments: the Mainland China segment, the United States of America (the USA) segment, the Taiwan segment and the Southeast Asia segment.