China Wire & Cable Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 07:52 pm
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China Wire & Cable Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 697.961 million compared to TWD 765.019 million a year ago. Net income was TWD 83.983 million compared to TWD 100.309 million a year ago. Basic earnings per share was TWD 0.53 compared to TWD 0.63 a year ago. For the nine months, total revenue was TWD 1,860.444 million compared to TWD 1,851.583 million a year ago. Net income was TWD 147.181 million compared to TWD 113.102 million a year ago. Basic earnings per share was TWD 0.93 compared to TWD 0.71 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.