Jung Shing Wire Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022
Share
Jung Shing Wire Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 937.52 million compared to TWD 1,033.49 million a year ago. Net income was TWD 29.48 million compared to TWD 66.94 million a year ago. Basic earnings per share from continuing operations was TWD 0.2 compared to TWD 0.46 a year ago. Diluted earnings per share from continuing operations was TWD 0.2 compared to TWD 0.46 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.