Chia Ta World Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 09, 2021 at 02:14 pm IST
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Chia Ta World Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 216.308 million compared to TWD 183.241 million a year ago. Operating income was TWD 2.630 million compared to TWD 3.476 million a year ago. Net income was TWD 3.039 million compared to TWD 2.852 million a year ago. Basic earnings per share from continuing operations was TWD 0.03 compared to TWD 0.04 a year ago. For the half year, sales was TWD 412.618 million compared to TWD 373.938 million a year ago. Operating income was TWD 7.010 million compared to TWD 6.195 million a year ago. Net income was TWD 5.936 million compared to TWD 5.509 million a year ago. Basic earnings per share from continuing operations was TWD 0.07 compared to TWD 0.07 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.