90% of New Best Wire Industrial's revenue comes from wire products applied in the fastener industry. Benefited from stabilized wire price in the first half of 2014, the company's EPS in H1 reached NTD 0.91, an obvious improve from NTD 0.57 in the previous period. In prospect for Q4 2014, wire order intake condition remains to be seen. As the company's Q3 revenue has set a new record, its EPS in the same period has a good chance reaching NTD 0.6, and its full year EPS is expected to reach NTD 2. Currently its price earning ratio is relatively lower.

News

Gem-Year Industrial Wins Bid for RMB 79.58 Million High Speed Rail Fastener Purchase Project

2022-02-28

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