New Best Wire Industrial Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:39 am EST
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New Best Wire Industrial Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 2,121.17 million compared to TWD 2,340.64 million a year ago. Net income was TWD 105.67 million compared to TWD 139.21 million a year ago. Basic earnings per share from continuing operations was TWD 0.79 compared to TWD 1.04 a year ago. Diluted earnings per share from continuing operations was TWD 0.79 compared to TWD 1.04 a year ago.
For the nine months, sales was TWD 5,507.67 million compared to TWD 6,914.59 million a year ago. Net income was TWD 212.09 million compared to TWD 445.26 million a year ago. Basic earnings per share from continuing operations was TWD 1.59 compared to TWD 3.34 a year ago. Diluted earnings per share from continuing operations was TWD 1.59 compared to TWD 3.33 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 
