Song Ho Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 11:24 pm IST
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Song Ho Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 609.035 million compared to TWD 688.915 million a year ago. Operating income was TWD 32.315 million compared to TWD 70.440 million a year ago. Net income was TWD 25.693 million compared to TWD 62.257 million a year ago. Basic earnings per share was TWD 0.52 compared to TWD 1.25 a year ago. For the half year, sales was TWD 1,207.891 million compared to TWD 1,311.027 million a year ago. Operating income was TWD 72.892 million compared to TWD 128.769 million a year ago. Net income was TWD 56.480 million compared to TWD 107.445 million a year ago. Basic earnings per share was TWD 1.14 compared to TWD 2.17 a year ago. Diluted earnings per share was TWD 1.14 compared to TWD 2.16 a year ago.
SONG HO INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the production and distribution of steel cables, steel wires and rod steel products. The Company is also engaged in the manufacture, construction, installation and maintenance of water equipment. The Companyâs principal products include galvanized steel wires, non-galvanized steel wires, galvanized steel cables, non-galvanized steel cables, inner control cables, steel stranded wires, free cutting steel rods, medium-carbon steel rods, low-carbon steel rods, alloy steel rods and nodularization materials. The Company mainly distributes its products in domestic market and overseas markets, including Japan, Thailand, Vietnam and other countries.