Chia Ta World Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 06:12 pm IST
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Chia Ta World Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 190.697 million compared to TWD 207.711 million a year ago. Operating income was TWD 2.719 million compared to TWD 1.331 million a year ago. Net income was TWD 2.657 million compared to TWD 1.018 million a year ago. Basic earnings per share was TWD 0.03 compared to TWD 0.01 a year ago.
Chia Ta World Co., Ltd is a Taiwan-based company principally engaged in the manufacturing, processing and distribution of steel wires and cables. The Company's product portfolio consists of general steel wires, galvanized steel wires, pre-stressed concrete steel wires and strands, pre-stressed concrete steel bars, as well as galvanized and ungalvanized steel wire strands. Its wire and cable products are applied in power cables, telecommunication overhead lines, packaging wires, steel cables, spring beds, shops equipment, bridges, ships, utility poles and others. The Company distributes its products in Taiwan, the rest of Asia, the Americas and other markets.
CHIA TA WORLD CO., LTD. 