Sheh Fung Screws Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 28, 2020 at 04:36 pm EDT
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Sheh Fung Screws Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 486.968 million compared to TWD 543.660 million a year ago. Operating income was TWD 41.504 million compared to TWD 62.093 million a year ago. Net income was TWD 31.189 million compared to TWD 53.873 million a year ago. Basic earnings per share was TWD 0.94 compared to TWD 1.65 a year ago. Diluted earnings per share was TWD 0.77 compared to TWD 1.64 a year ago. For the half year, total revenue was TWD 966.672 million compared to TWD 926.303 million a year ago. Operating income was TWD 80.965 million compared to TWD 94.071 million a year ago. Net income was TWD 68.592 million compared to TWD 81.035 million a year ago. Basic earnings per share was TWD 2.08 compared to TWD 2.48 a year ago. Diluted earnings per share was TWD 1.68 compared to TWD 2.47 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.
SHEH FUNG SCREWS CO.,LTD 
