Zeng Hsing Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 11, 2021
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Zeng Hsing Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 2,545.221 million compared to TWD 1,169.190 million a year ago. Operating income was TWD 404.105 million compared to TWD 106.709 million a year ago. Net income was TWD 328.207 million compared to TWD 118.097 million a year ago. Basic earnings per share from continuing operations was TWD 5.42 compared to TWD 1.95 a year ago.
ZENG HSING INDUSTRIAL CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and distribution of sewing machines. The Company mainly operates through three business segments, including Taiwan segment, China segment and Vietnam segment. The Companyâs products include household sewing machines, household vacuum cleaners and relevant components, as well as water purifiers, among others. The Company also provides technical training services for domestic and overseas clients. The Company distributes its products within domestic market and to overseas markets.