Sheh Fung Screws Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 26, 2021
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Sheh Fung Screws Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 709.233 million compared to TWD 486.968 million a year ago. Operating income was TWD 80.387 million compared to TWD 41.504 million a year ago. Net income was TWD 58.582 million compared to TWD 31.189 million a year ago. Basic earnings per share from continuing operations was TWD 1.29 compared to TWD 0.79 a year ago. Diluted earnings per share from continuing operations was TWD 1.19 compared to TWD 0.67 a year ago. For the half year, total revenue was TWD 1,451.395 million compared to TWD 966.672 million a year ago. Operating income was TWD 152.921 million compared to TWD 80.965 million a year ago. Net income was TWD 112.615 million compared to TWD 68.592 million a year ago. Basic earnings per share from continuing operations was TWD 2.48 compared to TWD 1.74 a year ago. Diluted earnings per share from continuing operations was TWD 2.29 compared to TWD 1.45 a year ago.
Sheh Fung Screws Co.,Ltd is principally engaged in the manufacturing and distribution of screws. The Company primarily provides drywall screws, chipboard screws, self-drilling screws, decking screws and tapping screws, among others. The Company's screw products are mainly applied in construction engineering and outdoor repairing, including outer walls, windows, factories and hardware, among others. The Company distributes its products in domestic markets and to overseas markets, including the Americas and Europe.