Yi Jinn Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 08:12 am
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Yi Jinn Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 565.213 million compared to TWD 981.638 million a year ago. Operating income was TWD 165.070 million compared to TWD 85.413 million a year ago. Net income was TWD 177.209 million compared to TWD 47.093 million a year ago. Basic earnings per share was TWD 0.79 compared to TWD 0.21 a year ago. For the nine months, total revenue was TWD 1,845.085 million compared to TWD 3,224.276 million a year ago. Operating income was TWD 901.181 million compared to TWD 689.046 million a year ago. Net income was TWD 682.197 million compared to TWD 282.641 million a year ago. Basic earnings per share was TWD 3.06 compared to TWD 1.25 a year ago. Diluted earnings per share was TWD 3.04 compared to TWD 1.24 a year ago.
Yi Jinn Industrial Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Companyâs products include finished filament, polyester filament, weaving fabrics and gray cloth, among others. The Company operates through three segments. The Textile segment is engaged in the manufacture, processing and trading of artificial fibers and natural fibers. The Leasing segment is engaged in the trading and leasing of real estates. The General Businesses segment is engaged in the importing and exporting of textile products, security investment and the development of real estates. The Company operates businesses in Taiwan, Asia, Americas, Africa and Europe, among others.