I-Sheng Electric Wire & Cable Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 04:36 am
Share
I-Sheng Electric Wire & Cable Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,552 million compared to TWD 1,788.15 million a year ago. Net income was TWD 164.88 million compared to TWD 210.91 million a year ago. Basic earnings per share from continuing operations was TWD 0.88 compared to TWD 1.12 a year ago. Diluted earnings per share from continuing operations was TWD 0.88 compared to TWD 1.12 a year ago.
For the six months, sales was TWD 3,053.29 million compared to TWD 3,682.84 million a year ago. Net income was TWD 247.08 million compared to TWD 354.68 million a year ago. Basic earnings per share from continuing operations was TWD 1.32 compared to TWD 1.89 a year ago. Diluted earnings per share from continuing operations was TWD 1.31 compared to TWD 1.89 a year ago.
I-SHENG ELECTRIC WIRE & CABLE CO., LTD. is a Taiwan-based company principally engaged in the computer peripheral products businesses. The Companyâs primary products include power cord connectors, power cables, signal transmission cables, network wires and optical fiber cables, as well as related plastic materials. The Company mainly operates through two business segments. The Power Connectors segment is mainly engaged in the manufacturing and distribution of power connectors of computers, network communication equipment and consumer electronics. The Plastic Materials segment is mainly engaged in the manufacture of plastic materials for electronic components. The Company mainly operates its businesses in Taiwan, Hong Kong, Japan and other countries.