China Wire & Cable Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 03:03 am IST
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China Wire & Cable 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 618.5 million compared to TWD 418.66 million a year ago. Revenue was TWD 677.06 million compared to TWD 506.23 million a year ago. Net income was TWD 101.12 million compared to TWD 245.18 million a year ago. Basic earnings per share from continuing operations was TWD 0.64 compared to TWD 1.54 a year ago. Diluted earnings per share from continuing operations was TWD 0.64 compared to TWD 1.54 a year ago.
For the nine months, sales was TWD 1,700.13 million compared to TWD 1,366.05 million a year ago. Revenue was TWD 1,878.63 million compared to TWD 1,679.02 million a year ago. Net income was TWD 228.41 million compared to TWD 310.88 million a year ago. Basic earnings per share from continuing operations was TWD 1.44 compared to TWD 1.96 a year ago. Diluted earnings per share from continuing operations was TWD 1.44 compared to TWD 1.96 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.