Chih Lien Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 04, 2020 at 12:06 am IST
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Chih Lien Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 314.214 million compared to TWD 310.426 million a year ago. Operating income was TWD 9.708 million compared to TWD 5.268 million a year ago. Net income was TWD 5.592 million compared to TWD 1.521 million a year ago. Basic earnings per share was TWD 0.06 compared to TWD 0.02 a year ago. For the nine months, sales was TWD 827.611 million compared to TWD 939.179 million a year ago. Operating income was TWD 8.657 million compared to TWD 30.939 million a year ago. Net income was TWD 5.799 million compared to TWD 19.407 million a year ago. Basic earnings per share was TWD 0.06 compared to TWD 0.2 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. 
