I-Sheng Electric Wire & Cable Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 04:44 pm EDT
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I-Sheng Electric Wire & Cable Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,045.013 million compared to TWD 1,547.727 million a year ago. Operating income was TWD 50.279 million compared to TWD 102.984 million a year ago. Net income was TWD 57.331 million compared to TWD 103.505 million a year ago. Basic earnings per share was TWD 0.31 compared to TWD 0.55 a year ago. Diluted earnings per share was TWD 0.3 compared to TWD 0.55 a year ago.
I-SHENG ELECTRIC WIRE & CABLE CO., LTD. is a Taiwan-based company principally engaged in the computer peripheral products businesses. The Companyâs primary products include power cord connectors, power cables, signal transmission cables, network wires and optical fiber cables, as well as related plastic materials. The Company mainly operates through two business segments. The Power Connectors segment is mainly engaged in the manufacturing and distribution of power connectors of computers, network communication equipment and consumer electronics. The Plastic Materials segment is mainly engaged in the manufacture of plastic materials for electronic components. The Company mainly operates its businesses in Taiwan, Hong Kong, Japan and other countries.
I-SHENG ELECTRIC WIRE & CABLE CO., LTD. 
