Fusheng Precision Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 08:24 am EST
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FuSheng Precision Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 3,086.970 million compared to TWD 4,290.536 million a year ago. Operating income was TWD 281.536 million compared to TWD 735.200 million a year ago. Net income was TWD 132.840 million compared to TWD 627.760 million a year ago. Basic earnings per share was TWD 1.01 compared to TWD 4.79 a year ago. For the nine months, sales was TWD 9,273.955 million compared to TWD 12,119.433 million a year ago. Operating income was TWD 907.529 million compared to TWD 1,803.652 million a year ago. Net income was TWD 642.408 million compared to TWD 1,445.842 million a year ago. Basic earnings per share was TWD 4.9 compared to TWD 11.03 a year ago. Diluted earnings per share was TWD 4.9 compared to TWD 11.01 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.
FUSHENG PRECISION CO., LTD. 
