Fusheng Precision Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 02:18 pm EDT
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FuSheng Precision Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 5,800.801 million compared to TWD 3,626.255 million a year ago. Operating income was TWD 898.083 million compared to TWD 483.840 million a year ago. Net income was TWD 764.690 million compared to TWD 430.039 million a year ago. Basic earnings per share from continuing operations was TWD 5.84 compared to TWD 3.28 a year ago. Diluted earnings per share from continuing operations was TWD 5.83 compared to TWD 3.27 a year ago.
Fusheng Precision Co., Ltd. is mainly engaged in the manufacture of consumer goods of world's major brands. The Company is mainly engaged in the manufacture, processing, assembly and sale of various metal products, such as golf club heads and the assembly and trading of golf equipment, such as poles, grips and heads. The Company produces and distributes golf club heads through original equipment manufacturers (OEMs) and original design manufacturers (ODMs). The company's products are mainly exported to United States, Japan and other regions.