Wonderful Hi-tech Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023
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Wonderful Hi-tech 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 1,655.84 million compared to TWD 2,297.49 million a year ago. Net income was TWD 51.26 million compared to TWD 175.2 million a year ago. Basic earnings per share from continuing operations was TWD 0.33 compared to TWD 1.14 a year ago. Diluted earnings per share from continuing operations was TWD 0.33 compared to TWD 1.14 a year ago.
For the nine months, sales was TWD 5,013.95 million compared to TWD 7,357.39 million a year ago. Net income was TWD 159.59 million compared to TWD 443.16 million a year ago. Basic earnings per share from continuing operations was TWD 1.04 compared to TWD 2.9 a year ago. Diluted earnings per share from continuing operations was TWD 0.98 compared to TWD 2.89 a year ago.
Wonderful Hi-Tech Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of electric cables and wires. The Company mainly provides network cables, electronic cables, automobile and motorcycle wires, power cables, computer cables and high-voltage cables. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas and Europe.