Hua Eng Wire & Cable Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 08:26 am EDT
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Hua Eng Wire & Cable Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 7,440.063 million compared to TWD 7,832.617 million a year ago. Operating income was TWD 171.863 million compared to operating loss of TWD 76.578 million a year ago. Net income was TWD 323.664 million compared to TWD 792.653 million a year ago. Basic earnings per share from continuing operations was TWD 0.76 compared to TWD 1.87 a year ago. Diluted earnings per share from continuing operations was TWD 0.76 compared to TWD 1.86 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.