Song Ho Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 10, 2021
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Song Ho Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 640.694 million compared to TWD 610.198 million a year ago. Operating income was TWD 61.248 million compared to TWD 38.201 million a year ago. Net income was TWD 44.357 million compared to TWD 33.651 million a year ago. Basic earnings per share from continuing operations was TWD 0.89 compared to TWD 0.68 a year ago.
SONG HO INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the production and distribution of steel cables, steel wires and rod steel products. The Company is also engaged in the manufacture, construction, installation and maintenance of water equipment. The Companyâs principal products include galvanized steel wires, non-galvanized steel wires, galvanized steel cables, non-galvanized steel cables, inner control cables, steel stranded wires, free cutting steel rods, medium-carbon steel rods, low-carbon steel rods, alloy steel rods and nodularization materials. The Company mainly distributes its products in domestic market and overseas markets, including Japan, Thailand, Vietnam and other countries.