New Best Wire Industrial Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 09:18 pm
Share
New Best Wire Industrial Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 1,865.386 million compared to TWD 1,253.793 million a year ago. Operating income was TWD 207.963 million compared to TWD 47.576 million a year ago. Net income was TWD 108.340 million compared to TWD 23.850 million a year ago. Basic earnings per share from continuing operations was TWD 0.81 compared to TWD 0.18 a year ago.
NEW BEST WIRE INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and trading of wire products. The Company provides carbon steel wires, black iron wires, stainless steel wires, alloy wires, electrolytic polishing tubes and others. The Company's products are mainly applied in hardware products, automobile components, semiconductors, biological products, tools, chemical products, food industry and others. The Company distributes its products within domestic market and to overseas markets.