Song Ho Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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Song Ho Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 564.97 million compared to TWD 830.88 million a year ago. Revenue was TWD 564.97 million compared to TWD 830.88 million a year ago. Net loss was TWD 1.68 million compared to net income of TWD 74.64 million a year ago. Basic loss per share from continuing operations was TWD 0.03 compared to basic earnings per share from continuing operations of TWD 1.5 a year ago. Diluted loss per share from continuing operations was TWD 0.03 compared to diluted earnings per share from continuing operations of TWD 1.5 a year ago.
For the nine months, sales was TWD 1,969.54 million compared to TWD 2,207.75 million a year ago. Revenue was TWD 1,969.54 million compared to TWD 2,207.75 million a year ago. Net income was TWD 68.18 million compared to TWD 190.55 million a year ago. Basic earnings per share from continuing operations was TWD 1.37 compared to TWD 3.84 a year ago. Diluted earnings per share from continuing operations was TWD 1.37 compared to TWD 3.83 a year ago.
SONG HO INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the production and distribution of steel cables, steel wires and rod steel products. The Company is also engaged in the manufacture, construction, installation and maintenance of water equipment. The Companyâs principal products include galvanized steel wires, non-galvanized steel wires, galvanized steel cables, non-galvanized steel cables, inner control cables, steel stranded wires, free cutting steel rods, medium-carbon steel rods, low-carbon steel rods, alloy steel rods and nodularization materials. The Company mainly distributes its products in domestic market and overseas markets, including Japan, Thailand, Vietnam and other countries.