Sheh Fung Screws Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 06:17 pm EDT
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Sheh Fung Screws Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 652.12 million compared to TWD 742.47 million a year ago. Revenue was TWD 651.13 million compared to TWD 742.16 million a year ago. Net income was TWD 82.11 million compared to TWD 54.03 million a year ago. Basic earnings per share from continuing operations was TWD 1.51 compared to TWD 1.09 a year ago. Diluted earnings per share from continuing operations was TWD 1.28 compared to TWD 1.01 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.