Jung Shing Wire Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 26, 2019 at 02:01 am
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Jung Shing Wire Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 3,614.436 million compared to TWD 3,349.685 million a year ago. Operating income was TWD 195.691 million compared to TWD 231.507 million a year ago. Net income was TWD 216.681 million compared to TWD 115.867 million a year ago. Basic earnings per share was TWD 1.5 compared to TWD 0.81 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.