FuSheng Precision Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 04:00 am EDT
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FuSheng Precision Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 5,057.05 million compared to TWD 8,366.78 million a year ago. Net income was TWD 522.89 million compared to TWD 1,348.14 million a year ago. Basic earnings per share from continuing operations was TWD 3.94 compared to TWD 10.29 a year ago. Diluted earnings per share from continuing operations was TWD 3.86 compared to TWD 10.27 a year ago.
For the six months, sales was TWD 12,143.84 million compared to TWD 16,455.51 million a year ago. Net income was TWD 1,233.73 million compared to TWD 2,342.31 million a year ago. Basic earnings per share from continuing operations was TWD 9.35 compared to TWD 17.88 a year ago. Diluted earnings per share from continuing operations was TWD 9.02 compared to TWD 17.82 a year ago.
Fusheng Precision Co., Ltd. is mainly engaged in the manufacture of consumer goods of worldâs 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.