Jung Shing Wire Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 01:39 pm EDT
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Jung Shing Wire Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 656.276 million compared to TWD 740.879 million a year ago. Net income was TWD 33.715 million compared to TWD 27.476 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.19 a year ago. For the half year, sales was TWD 1,291.970 million compared to TWD 1,409.983 million a year ago. Net income was TWD 66.347 million compared to TWD 38.312 million a year ago. Basic earnings per share was TWD 0.46 compared to TWD 0.27 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. 
