Sheh Fung Screws Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 03:34 pm EDT
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Sheh Fung Screws Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 482.367 million compared to TWD 385.829 million a year ago. Operating income was TWD 39.461 million compared to TWD 31.978 million a year ago. Net income was TWD 37.403 million compared to TWD 27.162 million a year ago. Basic earnings per share was TWD 1.14 compared to TWD 0.83 a year ago. Diluted earnings per share was TWD 0.91 compared to TWD 0.83 a year ago.
Sheh Fung Screws Co.,Ltd is principally engaged in the manufacturing and distribution of screws. The Company primarily provides drywall screws, chipboard screws, self-drilling screws, decking screws and tapping screws, among others. The Company's screw products are mainly applied in construction engineering and outdoor repairing, including outer walls, windows, factories and hardware, among others. The Company distributes its products in domestic markets and to overseas markets, including the Americas and Europe.