Song Ho Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023
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Song Ho Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 471.94 million compared to TWD 707.08 million a year ago. Net income was TWD 8.23 million compared to TWD 32.13 million a year ago. Basic earnings per share from continuing operations was TWD 0.17 compared to TWD 0.65 a year ago. Diluted earnings per share from continuing operations was TWD 0.17 compared to TWD 0.65 a year ago.
For the six months, sales was TWD 1,024.46 million compared to TWD 1,404.58 million a year ago. Net income was TWD 13.74 million compared to TWD 69.86 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to TWD 1.41 a year ago. Diluted earnings per share from continuing operations was TWD 0.28 compared to TWD 1.41 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.