Chih Lien Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 11:27 pm IST
Share
Chih Lien Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 231.292 million compared to TWD 318.286 million a year ago. Operating loss was TWD 1.081 million compared to operating Income of TWD 11.687 million a year ago. Net income was TWD 2.168 million compared to TWD 7.691 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.08 a year ago. For the half year, sales was TWD 513.397 million compared to TWD 628.753 million a year ago. Operating loss was TWD 1.051 million compared to operating Income of TWD 25.671 million a year ago. Net income was TWD 207,000 compared to TWD 17.886 million a year ago. Basic eps was TWD 0 compared to TWD 0.18 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.
CHIH LIEN INDUSTRIAL CO., LTD. 
