Song Ho Industrial Co. Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 12:59 am IST
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Song Ho Industrial Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 715.474 million compared to TWD 679.606 million a year ago. Sales was TWD 715.474 million compared to TWD 679.606 million a year ago. Operating income was TWD 70.806 million compared to TWD 71.795 million a year ago. Net income was TWD 56.352 million compared to TWD 58.891 million a year ago. Basic earnings per share was TWD 1.14 compared to TWD 1.19 a year ago.
For the nine months, total revenue was TWD 2,026.501 million compared to TWD 1,925.329 million a year ago. Sales was TWD 2,026.501 million compared to TWD 1,925.329 million a year ago. Operating income was TWD 199.575 million compared to TWD 207.300 million a year ago. Net income was TWD 163.797 million compared to TWD 154.106 million a year ago. Basic earnings per share was TWD 3.3 compared to TWD 3.11 a year ago. Diluted earnings per share was TWD 3.3 compared to TWD 3.1 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.