Song Ho Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021
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Song Ho Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 736.180 million compared to TWD 571.207 million a year ago. Operating income was TWD 96.093 million compared to TWD 50.571 million a year ago. Net income was TWD 71.554 million compared to TWD 32.287 million a year ago. Basic earnings per share from continuing operations was TWD 1.44 compared to TWD 0.65 a year ago. For the half year, sales was TWD 1,376.874 million compared to TWD 1,181.405 million a year ago. Operating income was TWD 157.341 million compared to TWD 88.772 million a year ago. Net income was TWD 115.911 million compared to TWD 65.938 million a year ago. Basic earnings per share from continuing operations was TWD 2.34 compared to TWD 1.33 a year ago. Diluted earnings per share from continuing operations was TWD 2.33 compared to TWD 1.33 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.