China Wire & Cable Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 02:10 pm
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China Wire & Cable Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 516.645 million compared to TWD 708.852 million a year ago. Operating income was TWD 53.681 million compared to TWD 73.160 million a year ago. Net income was TWD 54.051 million compared to TWD 55.481 million a year ago. Basic earnings per share was TWD 0.34 compared to TWD 0.35 a year ago. For the half year, total revenue was TWD 1,172.791 million compared to TWD 1,162.483 million a year ago. Operating income was TWD 76.298 million compared to TWD 81.627 million a year ago. Net income was TWD 65.699 million compared to TWD 63.198 million a year ago. Basic earnings per share was TWD 0.41 compared to TWD 0.4 a year ago.
CHINA WIRE & CABLE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of wires and cables, aluminum doors and windows and aluminum curtain walls. Its wires and cables include overhead transmission and distribution heat resisting aluminum wires, industrial aluminum wires and insulated cables and wires, among others. Its aluminum doors and windows include sound insulation doors and windows and sliding doors of SCHUCO series and TOSTEM series. Its curtain walls include glass series, stone series, aluminum series and others. The Company operates through two segments. The Cable and Wire segment manufactures and sells cables and wires. Door and Window segment manufactures, processes, sells and installs aluminum doors and windows and aluminum products. The Company mainly operates businesses in domestic market.
CHINA WIRE & CABLE CO., LTD. 