New Best Wire Industrial's 2014 Q3 Revenue Sets New Record with Optimistic Profit Growth

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.

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