Tycoons Group Enterprise Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:19 pm EST
Share
Tycoons Group Enterprise Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,897.657 million compared to TWD 2,631.946 million a year ago. Net income was TWD 32.432 million compared to net loss of TWD 166.763 million a year ago. Basic earnings per share was TWD 0.07 compared to basic loss per share of TWD 0.35 a year ago. For the nine months, sales was TWD 6,202.304 million compared to TWD 8,595.038 million a year ago. Net loss was TWD 130.440 million compared to TWD 163.776 million a year ago. Basic loss per share from continuing operations was TWD 0.27 compared to TWD 0.12 a year ago. Basic loss per share was TWD 0.27 compared to TWD 0.34 a year ago.
TYCOONS GROUP ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of wire rods and screws. The Company provides wire rod products, including rolled steel for general structure, wire rods for core wire of covered electrode, low carbon steel wire rods and high carbon steel wire rods; screw products, including drywall screws, tapping screws, self-drilling screws, chipboard screws, wood screws, mechanical screws and particle board screws, as well as rebar and others. Its products are applied primarily in the manufacture of hand tools, steel wires, steel cables, machines, electronic products, transportation devices, industrial products and others. The Company distributes its products within domestic market and to overseas markets.
TYCOONS GROUP ENTERPRISE CO.,LTD. 
