Wonderful Hi-Tech Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 03:38 pm
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Wonderful Hi-tech Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,247.269 million compared to TWD 1,280.197 million a year ago. Operating income was TWD 78.922 million compared to TWD 67.818 million a year ago. Net income was TWD 32.020 million compared to TWD 33.401 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.25 a year ago. For the nine months, sales was TWD 3,775.935 million compared to TWD 3,736.360 million a year ago. Operating income was TWD 258.674 million compared to TWD 212.465 million a year ago. Net income was TWD 153.535 million compared to TWD 153.815 million a year ago. Basic earnings per share was TWD 1.11 compared to TWD 1.14 a year ago. Diluted earnings per share was TWD 1.1 compared to TWD 1.14 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.