Ting Sin Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:39 am
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Ting Sin Co.,Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 361.7 million compared to TWD 575.4 million a year ago. Net loss was TWD 106.7 million compared to net income of TWD 21.75 million a year ago. Basic loss per share from continuing operations was TWD 0.78 compared to basic earnings per share from continuing operations of TWD 0.17 a year ago. Diluted loss per share from continuing operations was TWD 0.78 compared to diluted earnings per share from continuing operations of TWD 0.17 a year ago.
For the six months, sales was TWD 627.1 million compared to TWD 1,069.74 million a year ago. Net loss was TWD 205.83 million compared to net income of TWD 55.57 million a year ago. Basic loss per share from continuing operations was TWD 1.51 compared to basic earnings per share from continuing operations of TWD 0.45 a year ago. Diluted loss per share from continuing operations was TWD 1.51 compared to diluted earnings per share from continuing operations of TWD 0.44 a year ago.
Ting Sin CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of aluminum alloy products. The Company's main products include aluminum rolling products, aluminum alloy rods and aluminum extruded products. The Company's products are mainly used in electronic information products, building materials structure, door and window frames, automobile parts, bicycle parts, sports equipments and home hardware. The Company distributes its products within the domestic market and to overseas markets.