I-Sheng Electric Wire & Cable Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 11:10 pm IST
Share
I-Sheng Electric Wire & Cable Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,562.885 million compared to TWD 1,679.906 million a year ago. Operating income was TWD 281.618 million compared to TWD 177.127 million a year ago. Net income was TWD 142.553 million compared to TWD 180.404 million a year ago. Basic earnings per share was TWD 0.76 compared to TWD 0.96 a year ago. For the half year, sales was TWD 2,607.898 million compared to TWD 3,227.633 million a year ago. Operating income was TWD 331.897 million compared to TWD 280.111 million a year ago. Net income was TWD 199.884 million compared to TWD 283.909 million a year ago. Basic earnings per share was TWD 1.07 compared to TWD 1.51 a year ago. Diluted earnings per share was TWD 1.06 compared to TWD 1.51 a year ago.
I-SHENG ELECTRIC WIRE & CABLE CO., LTD. is a Taiwan-based company principally engaged in the computer peripheral products businesses. The Companyâs primary products include power cord connectors, power cables, signal transmission cables, network wires and optical fiber cables, as well as related plastic materials. The Company mainly operates through two business segments. The Power Connectors segment is mainly engaged in the manufacturing and distribution of power connectors of computers, network communication equipment and consumer electronics. The Plastic Materials segment is mainly engaged in the manufacture of plastic materials for electronic components. The Company mainly operates its businesses in Taiwan, Hong Kong, Japan and other countries.
I-SHENG ELECTRIC WIRE & CABLE CO., LTD. 
