Fusheng Precision Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 02:16 pm EST
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Fusheng Precision Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 4,290.536 million compared to TWD 3,506.365 million a year ago. Operating income was TWD 735.200 million compared to TWD 604.743 million a year ago. Net income was TWD 627.760 million compared to TWD 450.003 million a year ago. Basic earnings per share was TWD 4.79 compared to TWD 3.8 a year ago. For the nine months, sales was TWD 12,119.433 million compared to TWD 11,528.553 million a year ago. Operating income was TWD 1,803.652 million compared to TWD 1,763.290 million a year ago. Net income was TWD 1,445.842 million compared to TWD 1,436.535 million a year ago. Basic earnings per share was TWD 11.03 compared to TWD 12.13 a year ago. Diluted earnings per share was TWD 11.01 compared to TWD 12.11 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.