Chen Nan Iron Wire Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 13, 2020 at 02:59 am IST
Share
Chen Nan Iron Wire Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was TWD 817.754 million compared to TWD 878.090 million a year ago. Operating loss was TWD 22.226 million compared to operating Income of TWD 23.743 million a year ago. Net loss was TWD 24.748 million compared to net income of TWD 14.582 million a year ago. Basic loss per share was TWD 0.59 compared to basic earnings per share of TWD 0.36 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.