I-Sheng Electric Wire & Cable Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 06:19 pm EDT
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I-Sheng Electric Wire & Cable Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,850.794 million compared to TWD 1,562.885 million a year ago. Operating income was TWD 164.722 million compared to TWD 281.618 million a year ago. Net income was TWD 92.212 million compared to TWD 142.553 million a year ago. Basic earnings per share from continuing operations was TWD 0.49 compared to TWD 0.76 a year ago. For the half year, sales was TWD 3,510.783 million compared to TWD 2,607.898 million a year ago. Operating income was TWD 324.597 million compared to TWD 331.897 million a year ago. Net income was TWD 233.246 million compared to TWD 199.884 million a year ago. Basic earnings per share from continuing operations was TWD 1.24 compared to TWD 1.07 a year ago. Diluted earnings per share from continuing operations was TWD 1.24 compared to TWD 1.06 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.