Hold-Key Electric Wire & Cable Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:11 am
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Hold-Key Electric Wire & Cable Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 964.4 million compared to TWD 529.43 million a year ago. Net income was TWD 75.32 million compared to TWD 52.54 million a year ago. Basic earnings per share from continuing operations was TWD 0.39 compared to TWD 0.27 a year ago. Diluted earnings per share from continuing operations was TWD 0.39 compared to TWD 0.27 a year ago.
For the six months, sales was TWD 1,771.73 million compared to TWD 1,231.01 million a year ago. Net income was TWD 129.17 million compared to TWD 117.95 million a year ago. Basic earnings per share from continuing operations was TWD 0.67 compared to TWD 0.61 a year ago. Diluted earnings per share from continuing operations was TWD 0.67 compared to TWD 0.61 a year ago.
HOLD-KEY ELECTRIC WIRE & CABLE CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and distribution of wires and cables. The Company provides crosslink polyethylene (PE) power cables, plastic wires and cables, communication cables, bare aluminum wires and other products. Its products are applied in the deep processing of wires and cables, as well as electric power transmission and distribution. In addition, it also provides engineering services. The Company distributes its products in domestic and overseas markets, including Europe and the Americas.