Sinkang Industries Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 05:48 pm
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Sinkang Industries Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 859.129 million compared to TWD 745.061 million a year ago. Operating income was TWD 57.798 million compared to TWD 4.642 million a year ago. Net income was TWD 49.176 million compared to TWD 5.658 million a year ago. Basic earnings per share from continuing operations was TWD 0.38 compared to TWD 0.04 a year ago.
Sinkang Industries Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sale of stainless steel sheets, rolls, bars, wires and tubes. The Company also provides shearing services, slitting services, surface treatment services, mirror finishing services, section steel processing and tread plate manufacturing services. The Company's products are applied in construction, food, kitchenware, transportation, chemical, medical equipment, electronics, environmental protection, firefighting, home appliance, furniture and other fields. The Company distributes its products in domestic markets and to overseas markets.