Hold-Key Electric Wire & Cable Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 12:15 am IST
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Hold-Key Electric Wire & Cable Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 547.001 million compared to TWD 769.300 million a year ago. Net loss was TWD 15.660 million compared to net income of TWD 45.998 million a year ago. Basic loss per share was TWD 0.07 compared to basic earnings per share of TWD 0.19 a year ago. For the half year, sales was TWD 1,024.276 million compared to TWD 1,182.618 million a year ago. Net loss was TWD 41.254 million compared to net income of TWD 55.805 million a year ago. Basic loss per share was TWD 0.17 compared to basic earnings per share of TWD 0.23 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.