Jung Shing Wire Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 08, 2018 at 11:12 pm IST
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Jung Shing Wire Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 936.950 million compared to TWD 870.392 million a year ago. Operating income was TWD 57.016 million compared to TWD 64.094 million a year ago. Net income was TWD 67.496 million compared to TWD 58.107 million a year ago. Basic earnings per share was TWD 0.46 compared to TWD 0.41 a year ago.
For the nine months, sales was TWD 2,726.340 million compared to TWD 2,377.390 million a year ago. Operating income was TWD 144.046 million compared to TWD 165.145 million a year ago. Net income was TWD 170.705 million compared to TWD 95.656 million a year ago. Basic earnings per share was TWD 1.18 compared to TWD 0.67 a year ago.
JUNG SHING WIRE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of electric wires. The Company's electric wires are applied to communications cables, high frequency loops, auto controllers, transformers, motor loops, power-driven motors, illumination appliances, television degaussing coils, microphone coils and solenoid coils. The Company distributes its products within Taiwan market and to Mainland China, Japan and other markets.
JUNG SHING WIRE CO., LTD. 
