Sumeeko Industries Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 05:44 pm EDT
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Sumeeko Industries Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 592.879 million compared to TWD 550.026 million a year ago. Operating income was TWD 39.573 million compared to TWD 33.798 million a year ago. Net income was TWD 23.429 million compared to TWD 28.030 million a year ago. Basic earnings per share from continuing operations was TWD 0.66 compared to TWD 0.77 a year ago. Diluted earnings per share from continuing operations was TWD 0.65 compared to TWD 0.77 a year ago.
Sumeeko Industries Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of automotive fasteners and components. The Company's main products categorized into automotive parts and mechanical parts, including automotive standard fasteners, as well as threaded fasteners used in electronics, construction, furniture and other industries. The Company distributes its products mainly in overseas markets, such as the Americas and Europe.