I-Sheng Electric Wire & Cable Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 11:33 pm IST
Share
I-Sheng Electric Wire & Cable Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,801.714 million compared to TWD 1,623.340 million a year ago. Operating income was TWD 269.464 million compared to TWD 201.226 million a year ago. Net income was TWD 132.769 million compared to TWD 177.416 million a year ago. Basic earnings per share was TWD 0.71 compared to TWD 0.95 a year ago. Diluted earnings per share was TWD 0.71 compared to TWD 0.94 a year ago. For the nine months, sales was TWD 4,409.612 million compared to TWD 4,850.973 million a year ago. Operating income was TWD 601.361 million compared to TWD 481.337 million a year ago. Net income was TWD 332.653 million compared to TWD 461.325 million a year ago. Basic earnings per share was TWD 1.77 compared to TWD 2.46 a year ago. Diluted earnings per share was TWD 1.77 compared to TWD 2.45 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.