New Best Wire Industrial Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 04:12 pm EDT
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New Best Wire Industrial Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,253.793 million compared to TWD 1,509.383 million a year ago. Operating income was TWD 47.576 million compared to TWD 75.993 million a year ago. Net income was TWD 23.850 million compared to TWD 38.804 million a year ago. Basic earnings per share was TWD 0.18 compared to TWD 0.29 a year ago.
NEW BEST WIRE INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and trading of wire products. The Company provides carbon steel wires, black iron wires, stainless steel wires, alloy wires, electrolytic polishing tubes and others. The Company's products are mainly applied in hardware products, automobile components, semiconductors, biological products, tools, chemical products, food industry and others. The Company distributes its products within domestic market and to overseas markets.
NEW BEST WIRE INDUSTRIAL CO.,LTD 
