Hold-Key Electric Wire & Cable Co. Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 01:32 am IST
Share
Hold-Key Electric Wire & Cable Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 575.724 million compared to TWD 479.296 million a year ago. Operating income was TWD 10.077 million compared to operating loss of TWD 8.842 million a year ago. Net income was TWD 4.309 million compared to net loss of TWD 5.647 million a year ago. Basic earnings per share was TWD 0.02 compared to basic loss per share of TWD 0.02 a year ago. For the nine months, sales was TWD 1,758.342 million compared to TWD 1,571.467 million a year ago. Operating income was TWD 49.066 million compared to TWD 54.872 million a year ago. Net income was TWD 60.114 million compared to TWD 54.873 million a year ago. Basic earnings per share was TWD 0.25 compared to 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.