Sheh Fung Screws Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 28, 2020 at 02:10 pm EDT
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Sheh Fung Screws Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 594.699 million compared to TWD 463.223 million a year ago. Operating income was TWD 56.523 million compared to TWD 47.626 million a year ago. Net income was TWD 39.813 million compared to TWD 41.717 million a year ago. Basic earnings per share was TWD 0.96 compared to TWD 1.06 a year ago. Diluted earnings per share was TWD 0.83 compared to TWD 1.06 a year ago. For the nine months, sales was TWD 1,564.367 million compared to TWD 1,393.419 million a year ago. Operating income was TWD 137.487 million compared to TWD 141.697 million a year ago. Net income was TWD 108.405 million compared to TWD 122.752 million a year ago. Basic earnings per share was TWD 2.71 compared to TWD 3.13 a year ago. Diluted earnings per share was TWD 2.23 compared to TWD 3.12 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 
