Fusheng Precision Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 12:36 pm EDT
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FuSheng Precision Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 2,560.730 million compared to TWD 3,617.268 million a year ago. Operating income was TWD 142.153 million compared to TWD 451.838 million a year ago. Net income was TWD 79.529 million compared to TWD 381.486 million a year ago. Basic earnings per share was TWD 0.61 compared to TWD 2.91 a year ago. For the half year, total revenue was TWD 6,186.985 million compared to TWD 7,828.897 million a year ago. Operating income was TWD 625.993 million compared to TWD 1,068.452 million a year ago. Net income was TWD 509.568 million compared to TWD 818.082 million a year ago. Basic earnings per share was TWD 3.89 compared to TWD 6.24 a year ago. Diluted earnings per share was TWD 3.87 compared to TWD 6.22 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.
FUSHENG PRECISION CO., LTD. 
