Hua Eng Wire & Cable Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 05:13 pm EST
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Hua Eng Wire & Cable Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,993.855 million compared to TWD 2,093.059 million a year ago. Net income was TWD 199.419 million compared to TWD 18.387 million a year ago. Basic earnings per share was TWD 0.47 compared to TWD 0.04 a year ago. For the nine months, sales was TWD 5,476.978 million compared to TWD 5,910.592 million a year ago. Net loss was TWD 127.950 million compared to net income of TWD 261.917 million a year ago. Basic loss per share was TWD 0.3 compared to basic earnings per share of TWD 0.62 a year ago.
Hua Eng Wire And Cable Co Ltd is a Taiwan-based company principally engaged in the manufacture and distribution of wires and cables. The Companyâs products include oxygen-free copper wires, special oxygen-free copper materials, power cables, communication cables and optical cables. The Company operates through three segments. The Wires segment is mainly engaged in the manufacture of oxygen-free copper wires related products. The Cables segment is mainly engaged in the manufacture of power cables, communication cables and optical cables. The Copper Products segment is mainly engaged in the manufacture of copper related products. The Company operates businesses in Taiwan, Japan, Mainland China, Southeast Asia and the Middle East.
HUA ENG WIRE & CABLE CO., LTD. 
