Turvo International Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 11, 2021
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TURVO International Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 787.075 million compared to TWD 560.769 million a year ago. Operating income was TWD 148.602 million compared to TWD 83.773 million a year ago. Net income was TWD 128.909 million compared to TWD 77.487 million a year ago. Basic earnings per share from continuing operations was TWD 2.14 compared to TWD 1.29 a year ago. Diluted earnings per share from continuing operations was TWD 2.14 compared to TWD 1.28 a year ago.
TURVO International Co., Ltd. is a Taiwan-based company principally engaged in the processing, manufacturing and trading of precision metal components. The Company mainly provides precision metal components, which are applied in the manufacturing automotive engine systems, automotive transmission systems, automotive chassis systems, medical equipment, industrial communication and aerospace connectors and optical products, among others. The Company distributes its products within domestic market, and to overseas markets, including the rest of Asia, the Americas and Europe.