Chih Lien Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 06, 2020 at 12:39 am IST
Share
Chih Lien Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,235.991 million compared to TWD 1,447.927 million a year ago. Operating income was TWD 35.661 million compared to TWD 101.353 million a year ago. Net income was TWD 17.117 million compared to TWD 74.859 million a year ago. Basic earnings per share was TWD 0.18 compared to TWD 0.77 a year ago.
CHIH LIEN INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and trading of steel wires and steel bars. The Companyâs main products include provides steel wires, including high-carbon steel wires, low-carbon steel wires, springs and annealed wires, which are applied in the manufacture of umbrellas, steel cables, screws, sports apparatus and others, as well as steel bars, including cutting steels, medium-carbon steels, alloy steels, stainless steels and polished rods, which are applied in manufacture of electronic, computer, bicycle, motorcycle and automobile components, as well as industrial tools and components.