Hold-Key Electric Wire & Cable Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 02:53 am EST
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Hold-Key Electric Wire & Cable 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 467.33 million compared to TWD 1,225.64 million a year ago. Net income was TWD 44.2 million compared to TWD 150.99 million a year ago. Basic earnings per share from continuing operations was TWD 0.2 compared to TWD 0.7875 a year ago. Diluted earnings per share from continuing operations was TWD 0.2 compared to TWD 0.7875 a year ago.
For the nine months, sales was TWD 2,032.86 million compared to TWD 2,211.55 million a year ago. Net income was TWD 166.15 million compared to TWD 200.15 million a year ago. Basic earnings per share from continuing operations was TWD 0.71 compared to TWD 1.0375 a year ago. Diluted earnings per share from continuing operations was TWD 0.71 compared to TWD 1.0375 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.