Hsin Sin Textile Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Hsin Sin Textile Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 135.17 million compared to TWD 94.87 million a year ago. Revenue was TWD 135.16 million compared to TWD 94.69 million a year ago. Net income was TWD 0.296 million compared to net loss of TWD 16.88 million a year ago.
For the nine months, sales was TWD 361.48 million compared to TWD 273.01 million a year ago. Revenue was TWD 360.34 million compared to TWD 272.36 million a year ago. Net income was TWD 15.66 million compared to net loss of TWD 48.08 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to basic loss per share from continuing operations of TWD 0.93 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.