Song Ho Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 05:23 am IST
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Song Ho Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 503.6 million compared to TWD 564.97 million a year ago. Net income was TWD 17.44 million compared to net loss of TWD 1.68 million a year ago. Basic earnings per share from continuing operations was TWD 0.35 compared to basic loss per share from continuing operations of TWD 0.03 a year ago. Diluted earnings per share from continuing operations was TWD 0.35 compared to diluted loss per share from continuing operations of TWD 0.03 a year ago.
For the nine months, sales was TWD 1,528.06 million compared to TWD 1,969.54 million a year ago. Net income was TWD 31.18 million compared to TWD 68.18 million a year ago. Basic earnings per share from continuing operations was TWD 0.63 compared to TWD 1.37 a year ago. Diluted earnings per share from continuing operations was TWD 0.63 compared to TWD 1.37 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.