Chen Nan Iron Wire Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 20, 2020 at 03:10 pm IST
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Chen Nan Iron Wire Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,584.339 million compared to TWD 1,892.461 million a year ago. Operating income was TWD 25.002 million compared to TWD 79.557 million a year ago. Net loss was TWD 4.947 million compared to net income of TWD 89.599 million a year ago. Basic loss per share was TWD 0.12 compared to basic earnings per share of TWD 2.39 a year ago. Diluted loss per share was TWD 0.12 compared to diluted earnings per share of TWD 2.38 a year ago.
CHEN NAN IRON WIRE CO.,LTD is a Taiwan-based company mainly engaged in the processing of wire rods, the development, production and sale of fastener products. Fastener products include self-tapping screws, self-tapping screws, hardwood screws, drywall screws, mechanical screws, among others. The fastener products are mainly used in the construction, automobiles, machinery, computers, home appliances, furniture markets and other industry markets. The wire business is mainly engaged in the sale and processing of wire. The wire products are mainly used for fasteners, spring wires, nails and hardware parts. The Company distributes its products within domestic market and to overseas markets.
CHEN NAN IRON WIRE CO.,LTD 
