New Best Wire Industrial Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 03:58 pm EDT
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New Best Wire Industrial Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 5,765.791 million compared to TWD 6,241.040 million a year ago. Operating income was TWD 432.072 million compared to TWD 362.807 million a year ago. Net income was TWD 210.180 million compared to TWD 164.797 million a year ago. Basic earnings per share from continuing operations was TWD 1.58 compared to TWD 1.24 a year ago. Diluted earnings per share from continuing operations was TWD 1.57 compared to TWD 1.23 a year ago.
NEW BEST WIRE INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and trading of wire products. The Company provides carbon steel wires, black iron wires, stainless steel wires, alloy wires, electrolytic polishing tubes and others. The Company's products are mainly applied in hardware products, automobile components, semiconductors, biological products, tools, chemical products, food industry and others. The Company distributes its products within domestic market and to overseas markets.