Chia Ta World Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 01:52 pm
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Chia Ta World Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 210.140 million compared to TWD 232.468 million a year ago. Operating loss was TWD 5.138 million compared to operating Income of TWD 4.191 million a year ago. Net loss was TWD 1.478 million compared to net income of TWD 5.004 million a year ago. Basic loss per share was TWD 0.02 compared to basic earnings per share of TWD 0.06 a year ago. For the nine months, total revenue was TWD 634.246 million compared to TWD 621.702 million a year ago. Operating loss was TWD 3.938 million compared to operating Income of TWD 13.161 million a year ago. Net income was TWD 508,000 compared to TWD 12.749 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.16 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. 
