Sheh Fung Screws Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 29, 2019 at 05:30 pm EDT
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Sheh Fung Screws Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 463.012 million compared to TWD 369.773 million a year ago. Operating income was TWD 47.626 million compared to TWD 38.414 million a year ago. Net income was TWD 41.717 million compared to TWD 37.350 million a year ago. Basic earnings per share was TWD 1.28 compared to TWD 1.14 a year ago. Diluted earnings per share was TWD 1.27 compared to TWD 1.14 a year ago. For the nine months, total revenue was TWD 1,389.315 million compared to TWD 1,041.454 million a year ago. Operating income was TWD 141.697 million compared to TWD 73.591 million a year ago. Net income was TWD 122.752 million compared to TWD 72.632 million a year ago. Basic earnings per share was TWD 3.76 compared to TWD 2.22 a year ago. Diluted earnings per share was TWD 3.74 compared to TWD 2.21 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.