Yi Jinn Industrial Co. Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 07:00 am EST
Share
Yi Jinn Industrial Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 1,453.688 million compared to TWD 1,254.768 million a year ago. Sales was TWD 1,462.160 million compared to TWD 1,258.225 million a year ago. Negative sales was TWD 6.908 million compared to TWD 2.681 million a year ago. Operating income was TWD 103.232 million compared to TWD 50.477 million a year ago. Net income was TWD 43.171 million compared to TWD 195.909 million a year ago. Basic earnings per share was TWD 0.19 compared to TWD 0.83 a year ago.
For the nine months, total revenue was TWD 4,198.022 million compared to TWD 3,735.056 million a year ago. Sales was TWD 4,226.860 million compared to TWD 3,751.094 million a year ago. Negative sales was TWD 18.496 million compared to TWD 8.410 million a year ago. Operating income was TWD 290.217 million compared to TWD 176.168 million a year ago. Net income was TWD 456.691 million compared to TWD 218.751 million a year ago. Basic earnings per share was TWD 1.95 compared to TWD 0.91 a year ago. Diluted earnings per share was TWD 1.94 compared to TWD 0.9 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.