FuSheng Precision Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 01:03 am EST
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FuSheng Precision Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 5,225.26 million compared to TWD 8,044.11 million a year ago. Net income was TWD 470.29 million compared to TWD 1,354.44 million a year ago. Basic earnings per share from continuing operations was TWD 3.55 compared to TWD 10.34 a year ago. Diluted earnings per share from continuing operations was TWD 3.48 compared to TWD 9.85 a year ago.
For the nine months, sales was TWD 17,369.09 million compared to TWD 24,499.62 million a year ago. Net income was TWD 1,704.02 million compared to TWD 3,696.75 million a year ago. Basic earnings per share from continuing operations was TWD 12.9 compared to TWD 28.21 a year ago. Diluted earnings per share from continuing operations was TWD 12.36 compared to TWD 27.67 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.