Jung Shing Wire Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 06:31 pm
Share
Jung Shing Wire Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 740.879 million compared to TWD 914.015 million a year ago. Operating income was TWD 14.768 million compared to TWD 30.807 million a year ago. Net income was TWD 27.476 million compared to TWD 81.839 million a year ago. Basic earnings per share was TWD 0.19 compared to TWD 0.57 a year ago. For the half year, sales was TWD 1,409.983 million compared to TWD 1,789.390 million a year ago. Operating income was TWD 19.028 million compared to TWD 87.030 million a year ago. Net income was TWD 38.312 million compared to TWD 103.209 million a year ago. Basic earnings per share was TWD 0.27 compared to TWD 0.72 a year ago.
JUNG SHING WIRE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of electric wires. The Company's electric wires are applied to communications cables, high frequency loops, auto controllers, transformers, motor loops, power-driven motors, illumination appliances, television degaussing coils, microphone coils and solenoid coils. The Company distributes its products within Taiwan market and to Mainland China, Japan and other markets.
JUNG SHING WIRE CO., LTD. 
