Wonderful Hi-Tech Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 05:50 pm
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Wonderful Hi-tech Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,259.604 million compared to TWD 1,277.580 million a year ago. Operating income was TWD 98.121 million compared to TWD 83.084 million a year ago. Net income was TWD 58.809 million compared to TWD 61.075 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 0.45 a year ago. For the half year, sales was TWD 2,528.666 million compared to TWD 2,456.163 million a year ago. Operating income was TWD 179.752 million compared to TWD 144.647 million a year ago. Net income was TWD 121.515 million compared to TWD 120.414 million a year ago. Basic earnings per share was TWD 0.88 compared to TWD 0.9 a year ago. Diluted earnings per share was TWD 0.87 compared to TWD 0.89 a year ago.
Wonderful Hi-Tech Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of electric cables and wires. The Company mainly provides network cables, electronic cables, automobile and motorcycle wires, power cables, computer cables and high-voltage cables. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.