Yi Jinn Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:21 am EST
Share
Yi Jinn Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 843.17 million compared to TWD 1,025.24 million a year ago. Revenue was TWD 842.18 million compared to TWD 1,019.81 million a year ago. Net income was TWD 54.37 million compared to TWD 35.38 million a year ago. Basic earnings per share from continuing operations was TWD 0.24 compared to TWD 0.16 a year ago. Diluted earnings per share from continuing operations was TWD 0.24 compared to TWD 0.16 a year ago.
For the nine months, sales was TWD 2,304.89 million compared to TWD 3,417.09 million a year ago. Revenue was TWD 2,288.21 million compared to TWD 3,399.01 million a year ago. Net income was TWD 36.92 million compared to TWD 1,002.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.17 compared to TWD 4.49 a year ago. Diluted earnings per share from continuing operations was TWD 0.17 compared to TWD 4.49 a year ago.
Yi Jinn Industrial Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Companyâs products include finished filament, polyester filament, weaving fabrics and gray cloth, among others. The Company operates through three segments. The Textile segment is engaged in the manufacture, processing and trading of artificial fibers and natural fibers. The Leasing segment is engaged in the trading and leasing of real estates. The General Businesses segment is engaged in the importing and exporting of textile products, security investment and the development of real estates. The Company operates businesses in Taiwan, Asia, Americas, Africa and Europe, among others.