China Metal Products Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:40 pm EDT
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China Metal Products Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 3,657.710 million compared to TWD 3,727.248 million a year ago. Operating income was TWD 331.849 million compared to TWD 337.894 million a year ago. Net income was TWD 192.370 million compared to TWD 251.249 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to TWD 0.66 a year ago. Basic earnings per share was TWD 0.5 compared to TWD 0.65 a year ago. For the half year, sales was TWD 7,444.781 million compared to TWD 7,235.326 million a year ago. Operating income was TWD 695.401 million compared to TWD 576.892 million a year ago. Net income was TWD 361.827 million compared to TWD 699.745 million a year ago. Basic earnings per share from continuing operations was TWD 0.94 compared to TWD 0.88 a year ago. Basic earnings per share was TWD 0.94 compared to TWD 1.82 a year ago. Diluted earnings per share was TWD 0.94 compared to TWD 1.81 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.