Jung Shing Wire Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 02:44 pm EDT
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Jung Shing Wire Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 2,984.283 million compared to TWD 2,908.588 million a year ago. Operating income was TWD 193.329 million compared to TWD 93.488 million a year ago. Net income was TWD 146.672 million compared to TWD 89.037 million a year ago. Basic earnings per share was TWD 1.02 compared to TWD 0.62 a year ago.
JUNG SHING WIRE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of electric wires. The Company's electric wires are applied to communications cables, high frequency loops, auto controllers, transformers, motor loops, power-driven motors, illumination appliances, television degaussing coils, microphone coils and solenoid coils. The Company distributes its products within Taiwan market and to Mainland China, Japan and other markets.
JUNG SHING WIRE CO., LTD. 
