Sheh Kai Precision Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 07:36 am EST
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Sheh Kai Precision Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 303.934 million compared to TWD 261.087 million a year ago. Sales was TWD 303.934 million compared to TWD 261.087 million a year ago. Operating income was TWD 73.730 million compared to TWD 48.646 million a year ago. Net income was TWD 53.121 million compared to TWD 39.418 million a year ago. Basic earnings per share was TWD 1.18 compared to TWD 0.88 a year ago.
For the nine months, total revenue was TWD 823.967 million compared to TWD 696.741 million a year ago. Sales was TWD 823.967 million compared to TWD 696.741 million a year ago. Operating income was TWD 173.862 million compared to TWD 123.897 million a year ago. Net income was TWD 131.577 million compared to TWD 91.797 million a year ago. Basic earnings per share was TWD 2.92 compared to TWD 2.04 a year ago.
SHEH KAI PRECISION CO., LTD is a Taiwan-based company principally engaged in the production and distribution of screws and wires. The screw products mainly include stainless steel combination self-drilling screws, stainless steel combination half self-tapping screws, stainless steel screws, carbon steel screws and others, which are applied in chemical factories, airport buildings, power systems, heavy industrial factories, residential houses, villas and others. The wire products include stainless steel wires, which are applied in the manufacture of screws, spring wires, strip nails and hardware parts, among others. The Company distributes its products in domestic market and to overseas markets, including Europe, the Americas and the rest of Asia.