Song Ho Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 01:14 am IST
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Song Ho Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 589.422 million compared to TWD 715.474 million a year ago. Operating income was TWD 9.798 million compared to TWD 70.806 million a year ago. Net income was TWD 4.483 million compared to TWD 56.352 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 1.14 a year ago. For the nine months, sales was TWD 1,797.313 million compared to TWD 2,026.501 million a year ago. Operating income was TWD 82.690 million compared to TWD 199.575 million a year ago. Net income was TWD 60.963 million compared to TWD 163.797 million a year ago. Basic earnings per share was TWD 1.23 compared to TWD 3.3 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.