Yi Shin Textile Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 20, 2021 at 03:08 pm
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Yi Shin Textile Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,177.619 million compared to TWD 1,450.282 million a year ago. Operating income was TWD 156.880 million compared to TWD 165.008 million a year ago. Net income was TWD 123.274 million compared to TWD 129.585 million a year ago. Basic earnings per share from continuing operations was TWD 2.85 compared to TWD 3 a year ago. Diluted earnings per share from continuing operations was TWD 2.85 compared to TWD 2.99 a year ago.
Yi Shin Textile Industrial Co., Ltd. is a Taiwan-based company mainly engaged in the production and sale of functional elastic coated yarn products and processing silk trading business. The company's main business includes spinning, weaving, printing and finishing, other chemical materials manufacturing, other related businesses and among others. The company is also engaged in real estate trading and leasing business, investing in the construction of the public construction business, general investment business, as well as industrial plant development and rental business. The company's products mainly include elastic coated yarn, processed silk and special yarn. The company's products are mainly sold to local and overseas markets, such as Vietnam, Japan, Thailand and Indonesia.
YI SHIN TEXTILE INDUSTRIAL CO., LTD. 
