Jung Shing Wire Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 06:21 pm
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Jung Shing Wire Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 756.73 million compared to TWD 803.21 million a year ago. Net income was TWD 18.98 million compared to TWD 8.01 million a year ago. Basic earnings per share from continuing operations was TWD 0.12 compared to TWD 0.05 a year ago. Diluted earnings per share from continuing operations was TWD 0.11 compared to TWD 0.05 a year ago.
For the nine months, sales was TWD 2,115.79 million compared to TWD 2,744.32 million a year ago. Net income was TWD 70.55 million compared to TWD 68.36 million a year ago. Basic earnings per share from continuing operations was TWD 0.45 compared to TWD 0.45 a year ago. Diluted earnings per share from continuing operations was TWD 0.42 compared to TWD 0.45 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.
JUNG SHING WIRE CO., LTD. 