Hold-Key Electric Wire & Cable Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 10:13 pm IST
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Hold-Key Electric Wire & Cable Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 827.651 million compared to TWD 575.724 million a year ago. Operating income was TWD 56.381 million compared to TWD 10.077 million a year ago. Net income was TWD 68.232 million compared to TWD 4.309 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 0.02 a year ago. For the nine months, sales was TWD 1,851.927 million compared to TWD 1,758.342 million a year ago. Operating loss was TWD 15.516 million compared to operating Income of TWD 49.066 million a year ago. Net income was TWD 26.978 million compared to TWD 60.114 million a year ago. Basic earnings per share was TWD 0.11 compared to TWD 0.25 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.