China Metal Products Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 04:31 pm EST
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China Metal Products Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 3,366.396 million compared to TWD 3,067.569 million a year ago. Operating income was TWD 309.565 million compared to TWD 108.741 million a year ago. Net income was TWD 126.185 million compared to TWD 48.898 million a year ago. Basic earnings per share was TWD 0.33 compared to TWD 0.13 a year ago. For the nine months, sales was TWD 7,974.524 million compared to TWD 10,512.350 million a year ago. Operating income was TWD 482.139 million compared to TWD 804.142 million a year ago. Net income was TWD 138.987 million compared to TWD 410.725 million a year ago. Basic earnings per share was TWD 0.36 compared to TWD 1.07 a year ago. Diluted earnings per share was TWD 0.36 compared to TWD 1.06 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.
CHINA METAL PRODUCTS CO., LTD. 