Sinkang Industries Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 15, 2020 at 04:52 pm
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Sinkang Industries Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 2,844.436 million compared to TWD 3,067.403 million a year ago. Operating income was TWD 48.985 million compared to TWD 24.923 million a year ago. Net income was TWD 47.375 million compared to TWD 16.402 million a year ago. Basic earnings per share was TWD 0.36 compared to TWD 0.13 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.