Song Ho Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 07:42 pm
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Song Ho Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 571.207 million compared to TWD 609.035 million a year ago. Net income was TWD 32.287 million compared to TWD 25.693 million a year ago. Basic earnings per share was TWD 0.65 compared to TWD 0.52 a year ago. For the half year, sales was TWD 1,181.405 million compared to TWD 1,207.891 million a year ago. Net income was TWD 65.938 million compared to TWD 56.480 million a year ago. Basic earnings per share was TWD 1.33 compared to TWD 1.14 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.