New Best Wire Industrial Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 04:48 pm EDT
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New Best Wire Industrial Co.,Ltd announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,426.749 million compared to TWD 1,969.474 million a year ago. Operating income was TWD 58.632 million compared to TWD 185.983 million a year ago. Net income was TWD 20.987 million compared to TWD 98.797 million a year ago. Basic earnings per share was TWD 0.16 compared to TWD 0.74 a year ago. For the half year, sales was TWD 2,936.132 million compared to TWD 3,936.621 million a year ago. Operating income was TWD 134.625 million compared to TWD 375.970 million a year ago. Net income was TWD 59.791 million compared to TWD 178.719 million a year ago. Basic earnings per share was TWD 0.45 compared to TWD 1.34 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.