Jung Shing Wire Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
Share
Jung Shing Wire Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,200.69 million compared to TWD 790.98 million a year ago. Net income was TWD 47.31 million compared to TWD 59.95 million a year ago. Basic earnings per share from continuing operations was TWD 0.33 compared to TWD 0.42 a year ago. Diluted earnings per share from continuing operations was TWD 0.33 compared to TWD 0.42 a year ago.
For the nine months, sales was TWD 3,529.92 million compared to TWD 2,082.95 million a year ago. Net income was TWD 179.37 million compared to TWD 126.3 million a year ago. Basic earnings per share from continuing operations was TWD 1.24 compared to TWD 0.88 a year ago. Diluted earnings per share from continuing operations was TWD 1.24 compared to TWD 0.88 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. 
