Advanced International Multitech Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
February 25, 2021 at 03:44 pm EST
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Advanced International Multitech Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 12,075.353 million compared to TWD 11,756.861 million a year ago. Operating income was TWD 1,139.059 million compared to TWD 952.419 million a year ago. Net income was TWD 680.705 million compared to TWD 615.662 million a year ago. Basic earnings per share was TWD 5.03 compared to TWD 4.55 a year ago. Diluted earnings per share was TWD 4.98 compared to TWD 4.51 a year ago.
ADVANCED GROUP is a Taiwan company principally engaged in the manufacture, processing and sales of carbon fiber prepregs and carbon fiber products. The Company's main products include golf clubs and other golf equipment, golf balls and composite products. The Company is also involved in the manufacture, processing and sales of carbon fiber fabrics in the aerospace industry, as well as the import and export trading of golf related products and carbon fiber fabrics. The Company distributes its products in domestic market and to overseas markets, including the Americas, the rest areas of Asia and others.