Sheh Kai Precision Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 08:23 pm EST
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Sheh Kai Precision Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 400.41 million compared to TWD 353.86 million a year ago. Net income was TWD 84.38 million compared to TWD 73.92 million a year ago. Basic earnings per share from continuing operations was TWD 1.7 compared to TWD 1.48 a year ago. Diluted earnings per share from continuing operations was TWD 1.7 compared to TWD 1.42 a year ago.
For the nine months, sales was TWD 1,103.19 million compared to TWD 1,082.17 million a year ago. Net income was TWD 211.21 million compared to TWD 198.39 million a year ago. Basic earnings per share from continuing operations was TWD 4.26 compared to TWD 4.23 a year ago. Diluted earnings per share from continuing operations was TWD 4.24 compared to TWD 3.75 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.
SHEH KAI PRECISION CO., LTD. 
