China Wire & Cable Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 09:36 pm
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China Wire & Cable Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 463.147 million compared to TWD 516.645 million a year ago. Operating income was TWD 37.815 million compared to TWD 53.681 million a year ago. Net income was TWD 49.952 million compared to TWD 54.051 million a year ago. Diluted earnings per share was TWD 0.31 compared to TWD 0.34 a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to TWD 0.34 a year ago. For the half year, total revenue was TWD 1,201.571 million compared to TWD 1,172.791 million a year ago. Operating income was TWD 133.918 million compared to TWD 76.298 million a year ago. Net income was TWD 127.286 million compared to TWD 65.699 million a year ago. Diluted earnings per share was TWD 0.8 compared to TWD 0.41 a year ago. Basic earnings per share from continuing operations was TWD 0.8 compared to TWD 0.41 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.