Chih Lien Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 04, 2021 at 01:49 pm
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Chih Lien Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 363.650 million compared to TWD 282.105 million a year ago. Operating income was TWD 34.765 million compared to TWD 30,000 a year ago. Net income was TWD 27.330 million compared to net loss of TWD 1.961 million a year ago. Basic earnings per share was TWD 0.28 compared to basic loss per share of TWD 0.02 a year ago.
CHIH LIEN INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and trading of steel wires and steel bars. The Companyâs main products include provides steel wires, including high-carbon steel wires, low-carbon steel wires, springs and annealed wires, which are applied in the manufacture of umbrellas, steel cables, screws, sports apparatus and others, as well as steel bars, including cutting steels, medium-carbon steels, alloy steels, stainless steels and polished rods, which are applied in manufacture of electronic, computer, bicycle, motorcycle and automobile components, as well as industrial tools and components.