Yieh Hsing Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 08:09 am
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Yieh Hsing Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,336.288 million compared to TWD 1,641.945 million a year ago. Operating loss was TWD 77.139 million compared to TWD 108.732 million a year ago. Net loss was TWD 94.870 million compared to TWD 163.756 million a year ago. Basic loss per share was TWD 0.18 compared to TWD 0.31 a year ago. For the nine months, sales was TWD 4,122.990 million compared to TWD 5,202.049 million a year ago. Operating loss was TWD 304.490 million compared to TWD 309.200 million a year ago. Net loss was TWD 402.681 million compared to TWD 441.684 million a year ago. Basic loss per share was TWD 0.76 compared to TWD 0.83 a year ago.
YIEH HSING ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of stainless steel wires and carbon steel wires. The main products of the Company include stainless steel wires, carbon steel wires, alloy steel wires, free-cutting steel wires, steel bars and straight bars, among others. Its products are applied in the manufacture of screws, screw caps, small scale hand tools and springs, among others. The Company operates businesses in Taiwan, the United States, Southeast Asia, Northeast Asia and Europe, among others.