Hold-Key Electric Wire & Cable Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 06:08 pm EDT
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Hold-Key Electric Wire & Cable Co. Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 753.052 million compared to TWD 549.630 million a year ago. Operating income was TWD 59.613 million compared to TWD 22.918 million a year ago. Net income was TWD 54.379 million compared to TWD 56.316 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.23 a year ago. For the half year, sales was TWD 1,565.522 million compared to TWD 985.909 million a year ago. Operating income was TWD 150.692 million compared to TWD 2.632 million a year ago. Net income was TWD 121.946 million compared to TWD 49.165 million a year ago. Basic earnings per share was TWD 0.51 compared to TWD 0.2 a year ago.
HOLD-KEY ELECTRIC WIRE & CABLE CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing and distribution of wires and cables. The Company provides crosslink polyethylene (PE) power cables, plastic wires and cables, communication cables, bare aluminum wires and other products. Its products are applied in the deep processing of wires and cables, as well as electric power transmission and distribution. In addition, it also provides engineering services. The Company distributes its products in domestic and overseas markets, including Europe and the Americas.