Zig Sheng Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
March 11, 2022 at 04:40 am
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Zig Sheng Industrial Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was TWD 11,218.51 million compared to TWD 7,675.61 million a year ago. Net income was TWD 920.08 million compared to net loss of TWD 40.12 million a year ago.
Basic earnings per share from continuing operations was TWD 1.73 compared to basic loss per share from continuing operations of TWD 0.07 a year ago. Diluted earnings per share from continuing operations was TWD 1.73.
Zig Sheng Industrial Co Ltd is a Taiwan-based company mainly engaged in the production and sale of nylon chips, nylon filaments, polyester processed yarn, polyester air-twisted processed yarn, nylon processed yarn, nylon air-twisted processed yarn, and composite materials. Polyester and nylon processed yarn products include shaped processed yarn, stretch polyester processed yarn, two-color or three-color polyester imitation wool yarn, high stretch polyester processed yarn, high elastic stretch yarn, and basic processed yarn. Nylon yarn and nylon chips for spinning are used for clothing (cloth) and industrial (cloth). Engineering plastic nylon chips are used for automotive parts, industrial parts, electronic appliances, and packaging materials. The products are mainly sold domestically and exported to Europe, America, Africa, Oceania, Southeast Asia, Northeast Asia, and other Asian regions.