Wonderful Hi-Tech Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 01:13 pm
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Wonderful Hi-tech Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,270.142 million compared to TWD 1,247.269 million a year ago. Operating income was TWD 82.367 million compared to TWD 78.922 million a year ago. Net income was TWD 50.305 million compared to TWD 32.020 million a year ago. Basic earnings per share was TWD 0.38 compared to TWD 0.23 a year ago. For the nine months, sales was TWD 3,449.131 million compared to TWD 3,775.935 million a year ago. Operating income was TWD 183.982 million compared to TWD 258.674 million a year ago. Net income was TWD 94.922 million compared to TWD 153.535 million a year ago. Basic earnings per share was TWD 0.71 compared to TWD 1.11 a year ago. Diluted earnings per share was TWD 0.7 compared to TWD 1.1 a year ago.
Wonderful Hi-Tech Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of electric cables and wires. The Company mainly provides network cables, electronic cables, automobile and motorcycle wires, power cables, computer cables and high-voltage cables. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.