China Metal Products Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 14, 2019 at 03:31 pm EDT
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China Metal Products Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 3,787.071 million compared to TWD 3,508.078 million a year ago. Operating income was TWD 363.552 million compared to TWD 238.998 million a year ago. Net income was TWD 169.457 million compared to TWD 448.496 million a year ago. Basic earnings per share from continuing operations was TWD 0.44 compared to TWD 0.22 a year ago. Basic earnings per share was TWD 0.44 compared to TWD 1.16 a year ago.
CHINA METAL PRODUCTS CO., LTD. is a Taiwan-based company principally engaged in the manufacturing and distribution of cast iron products. The Companyâs main products include reinforced steel bars, steel billets and iron castings, which are applied in the steel material processing and smelting, automobile spare parts, construction hardware components, mechanical and hand tool parts, as well as transmission system parts, among others. The Company also involves in the operation of department stores, hotels and amusement parks, as well as the construction, sale and leasing of real estate. The Company mainly distributes its metal products within domestic market and to overseas markets, including Mainland China, America, Japan, Europe and others.