Jung Shing Wire Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 03:21 pm EST
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Jung Shing Wire Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 790.979 million compared to TWD 714.042 million a year ago. Net income was TWD 59.951 million compared to TWD 37.259 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 0.26 a year ago. For the nine months, sales was TWD 2,082.949 million compared to TWD 2,124.025 million a year ago. Net income was TWD 126.298 million compared to TWD 75.571 million a year ago. Basic earnings per share was TWD 0.88 compared to TWD 0.52 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. 
