Sheh Fung Screws Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 31, 2023 at 06:10 pm EDT
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Sheh Fung Screws 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 518.17 million compared to TWD 615.57 million a year ago. Revenue was TWD 517.16 million compared to TWD 613.64 million a year ago. Net income was TWD 55.64 million compared to TWD 93.33 million a year ago. Basic earnings per share from continuing operations was TWD 1.08 compared to TWD 1.72 a year ago. Diluted earnings per share from continuing operations was TWD 0.9 compared to TWD 1.48 a year ago.
For the six months, sales was TWD 1,193.65 million compared to TWD 1,267.69 million a year ago. Revenue was TWD 1,190.41 million compared to TWD 1,264.76 million a year ago. Net income was TWD 141.83 million compared to TWD 175.43 million a year ago. Basic earnings per share from continuing operations was TWD 2.75 compared to TWD 3.23 a year ago. Diluted earnings per share from continuing operations was TWD 2.26 compared to TWD 2.75 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.
SHEH FUNG SCREWS CO.,LTD 
