I-Sheng Electric Wire & Cable Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 01:52 pm EDT
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I-Sheng Electric Wire & Cable Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 6,174.144 million compared to TWD 6,540.704 million a year ago. Operating income was TWD 847.473 million compared to TWD 690.706 million a year ago. Net income was TWD 484.292 million compared to TWD 573.521 million a year ago. Basic earnings per share from continuing operations was TWD 2.58 compared to TWD 3.06 a year ago. Diluted earnings per share from continuing operations was TWD 2.57 compared to TWD 3.04 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.