Chia Ta World Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 07:58 am
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Chia Ta World Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 217.164 million compared to TWD 217.287 million a year ago. Operating loss was TWD 131,000 compared to operating Income of TWD 1.935 million a year ago. Net income was TWD 968,000 compared to TWD 2.758 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.04 a year ago. For the half year, total revenue was TWD 424.106 million compared to TWD 389.234 million a year ago. Operating income was TWD 1.200 million compared to TWD 8.970 million a year ago. Net income was TWD 1.986 million compared to TWD 7.745 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.1 a year ago.
Chia Ta World Co., Ltd is a Taiwan-based company principally engaged in the manufacturing, processing and distribution of steel wires and cables. The Company's product portfolio consists of general steel wires, galvanized steel wires, pre-stressed concrete steel wires and strands, pre-stressed concrete steel bars, as well as galvanized and ungalvanized steel wire strands. Its wire and cable products are applied in power cables, telecommunication overhead lines, packaging wires, steel cables, spring beds, shops equipment, bridges, ships, utility poles and others. The Company distributes its products in Taiwan, the rest of Asia, the Americas and other markets.
CHIA TA WORLD CO., LTD. 
