I-Sheng Electric Wire & Cable Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 08:22 pm EST
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I-Sheng Electric Wire & Cable Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,749.45 million compared to TWD 1,878.49 million a year ago. Net income was TWD 224.1 million compared to TWD 314.16 million a year ago. Basic earnings per share from continuing operations was TWD 1.19 compared to TWD 1.67 a year ago. Diluted earnings per share from continuing operations was TWD 1.19 compared to TWD 1.67 a year ago.
For the nine months, sales was TWD 4,802.74 million compared to TWD 5,561.33 million a year ago. Net income was TWD 471.18 million compared to TWD 668.84 million a year ago. Basic earnings per share from continuing operations was TWD 2.51 compared to TWD 3.56 a year ago. Diluted earnings per share from continuing operations was TWD 2.5 compared to TWD 3.55 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. 
