Chia Ta World Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 11:21 pm IST
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Chia Ta World Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 183.241 million compared to TWD 218.071 million a year ago. Operating income was TWD 3.476 million compared to operating loss of TWD 131,000 a year ago. Net income was TWD 2.852 million compared to TWD 968,000 a year ago. Basic earnings per share was TWD 0.04 compared to TWD 0.01 a year ago. For the half year, sales was TWD 373.938 million compared to TWD 425.782 million a year ago. Operating income was TWD 6.195 million compared to TWD 1.200 million a year ago. Net income was TWD 5.509 million compared to TWD 1.986 million a year ago. Basic earnings per share was TWD 0.07 compared to TWD 0.02 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. 
