China Metal Products Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 12:56 am
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China Metal Products Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 2,266.183 million compared to TWD 3,787.071 million a year ago. Operating income was TWD 12.820 million compared to TWD 363.552 million a year ago. Net loss was TWD 57.506 million compared to net income of TWD 169.457 million a year ago. Basic loss per share was TWD 0.15 compared to basic earnings per share of TWD 0.44 a year ago.
CHINA METAL PRODUCTS CO., LTD. is a Taiwan-based company principally engaged in the manufacturing and distribution of cast iron products. The Companyâs main products include reinforced steel bars, steel billets and iron castings, which are applied in the steel material processing and smelting, automobile spare parts, construction hardware components, mechanical and hand tool parts, as well as transmission system parts, among others. The Company also involves in the operation of department stores, hotels and amusement parks, as well as the construction, sale and leasing of real estate. The Company mainly distributes its metal products within domestic market and to overseas markets, including Mainland China, America, Japan, Europe and others.
CHINA METAL PRODUCTS CO., LTD. 
