Chih Lien Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021 at 01:47 am IST
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Chih Lien Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 404.32 million compared to TWD 314.21 million a year ago. Revenue was TWD 404.32 million compared to TWD 314.21 million a year ago. Net income was TWD 44.87 million compared to TWD 5.59 million a year ago. Basic earnings per share from continuing operations was TWD 0.46 compared to TWD 0.06 a year ago. Diluted earnings per share from continuing operations was TWD 0.46 compared to TWD 0.06 a year ago.
For the nine months, sales was TWD 1,184.47 million compared to TWD 827.61 million a year ago. Revenue was TWD 1,184.47 million compared to TWD 827.61 million a year ago. Net income was TWD 114.98 million compared to TWD 5.8 million a year ago. Basic earnings per share from continuing operations was TWD 1.18 compared to TWD 0.06 a year ago. Diluted earnings per share from continuing operations was TWD 1.18 compared to TWD 0.06 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.