Hsin Sin Textile Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Hsin Sin Textile Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 150.15 million compared to TWD 118.69 million a year ago. Revenue was TWD 150.15 million compared to TWD 118.47 million a year ago. Net income was TWD 12.37 million compared to TWD 9.92 million a year ago. Basic earnings per share from continuing operations was TWD 0.24 compared to TWD 0.19 a year ago.
For the six months, sales was TWD 280.7 million compared to TWD 226.31 million a year ago. Revenue was TWD 280.32 million compared to TWD 225.18 million a year ago. Net income was TWD 19.8 million compared to TWD 15.37 million a year ago. Basic earnings per share from continuing operations was TWD 0.38 compared to TWD 0.3 a year ago.
HSIN SIN TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of processed Tedoron yarns. The Company's principal business includes the manufacturing, twisting, weaving and dyeing of natural fibers, synthetic fibers, chemical fibers, wool fibers and other materials, as well as the garment production business. The company's products are mainly sold to Taiwan and overseas markets.