Sheh Fung Screws Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 06:20 pm EDT
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Sheh Fung Screws Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 544.367 million compared to TWD 357.976 million a year ago. Operating income was TWD 62.093 million compared to TWD 17.678 million a year ago. Net income was TWD 53.873 million compared to TWD 23.939 million a year ago. Basic earnings per share was TWD 1.65 compared to TWD 0.73 a year ago. Diluted earnings per share was TWD 1.64 compared to TWD 0.73 a year ago. For the half year, sales was TWD 930.196 million compared to TWD 675.127 million a year ago. Operating income was TWD 94.071 million compared to TWD 35.177 million a year ago. Net income was TWD 81.035 million compared to TWD 35.282 million a year ago. Basic earnings per share was TWD 2.48 compared to TWD 1.08 a year ago. Diluted earnings per share was TWD 2.47 compared to TWD 1.08 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.