Hold-Key Electric Wire & Cable Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2019
May 14, 2019 at 11:12 pm IST
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Hold-Key Electric Wire & Cable Co. Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 477.275 million compared to TWD 413.318 million a year ago. Operating loss was TWD 28.253 million compared to TWD 1.963 million a year ago. Net loss was TWD 25.594 million compared to net income of TWD 9.807 million a year ago. Basic loss per share was TWD 0.11 compared to basic earnings per share of TWD 0.04 a year ago.
HOLD-KEY ELECTRIC WIRE & CABLE CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and distribution of wires and cables. The Company provides crosslink polyethylene (PE) power cables, plastic wires and cables, communication cables, bare aluminum wires and other products. Its products are applied in the deep processing of wires and cables, as well as electric power transmission and distribution. In addition, it also provides engineering services. The Company distributes its products in domestic and overseas markets, including Europe and the Americas.