New Best Wire Industrial Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 07:30 pm
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New Best Wire Industrial Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 6,241.040 million compared to TWD 7,673.963 million a year ago. Operating income was TWD 362.807 million compared to TWD 622.170 million a year ago. Net income was TWD 164.797 million compared to TWD 293.223 million a year ago. Basic earnings per share was TWD 1.24 compared to TWD 2.2 a year ago. Diluted earnings per share was TWD 1.23 compared to TWD 2.19 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.