Sheh Fung Screws Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 27, 2023 at 07:13 pm EDT
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Sheh Fung Screws Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 507.95 million compared to TWD 643.87 million a year ago. Revenue was TWD 507.57 million compared to TWD 643.49 million a year ago. Net income was TWD 76.54 million compared to TWD 113.67 million a year ago. Basic earnings per share from continuing operations was TWD 1.46 compared to TWD 2.14 a year ago. Diluted earnings per share from continuing operations was TWD 1.23 compared to TWD 1.8 a year ago.
For the nine months, sales was TWD 1,701.6 million compared to TWD 1,911.56 million a year ago. Revenue was TWD 1,697.98 million compared to TWD 1,908.25 million a year ago. Net income was TWD 218.37 million compared to TWD 289.1 million a year ago. Basic earnings per share from continuing operations was TWD 4.21 compared to TWD 5.36 a year ago. Diluted earnings per share from continuing operations was TWD 3.49 compared to TWD 4.54 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 
