Jung Shing Wire Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 09, 2019 at 02:51 pm
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Jung Shing Wire Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 669.104 million compared to TWD 875.375 million a year ago. Operating income was TWD 4.260 million compared to TWD 56.223 million a year ago. Net income was TWD 10.836 million compared to TWD 21.370 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 0.15 a year ago.
JUNG SHING WIRE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of electric wires. The Company's electric wires are applied to communications cables, high frequency loops, auto controllers, transformers, motor loops, power-driven motors, illumination appliances, television degaussing coils, microphone coils and solenoid coils. The Company distributes its products within Taiwan market and to Mainland China, Japan and other markets.