Sinkang Industries Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022
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Sinkang Industries Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 1,035.79 million compared to TWD 859.13 million a year ago. Net income was TWD 53.27 million compared to TWD 49.18 million a year ago. Basic earnings per share was TWD 0.41 compared to TWD 0.38 a year ago. Diluted earnings per share was TWD 0.41 compared to TWD 0.38 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.