China Wire & Cable Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 01:13 am IST
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China Wire & Cable Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 506.233 million compared to TWD 697.961 million a year ago. Operating income was TWD 54.278 million compared to TWD 70.969 million a year ago. Net income was TWD 245.178 million compared to TWD 83.983 million a year ago. Basic earnings per share was TWD 1.54 compared to TWD 0.53 a year ago. For the nine months, total revenue was TWD 1,679.024 million compared to TWD 1,860.444 million a year ago. Operating income was TWD 130.576 million compared to TWD 152.596 million a year ago. Net income was TWD 310.877 million compared to TWD 147.181 million a year ago. Basic earnings per share was TWD 1.96 compared to TWD 0.93 a year ago.
CHINA WIRE & CABLE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of wires and cables, aluminum doors and windows and aluminum curtain walls. Its wires and cables include overhead transmission and distribution heat resisting aluminum wires, industrial aluminum wires and insulated cables and wires, among others. Its aluminum doors and windows include sound insulation doors and windows and sliding doors of SCHUCO series and TOSTEM series. Its curtain walls include glass series, stone series, aluminum series and others. The Company operates through two segments. The Cable and Wire segment manufactures and sells cables and wires. Door and Window segment manufactures, processes, sells and installs aluminum doors and windows and aluminum products. The Company mainly operates businesses in domestic market.
CHINA WIRE & CABLE CO., LTD. 
