Apex Dynamics, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 18, 2021 at 02:32 pm
Share
Apex Dynamics, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 2,842.043 million compared to TWD 2,930.932 million a year ago. Operating income was TWD 854.059 million compared to TWD 969.457 million a year ago. Net income was TWD 689.184 million compared to TWD 734.868 million a year ago. Basic earnings per share from continuing operations was TWD 9.6 compared to TWD 10.08 a year ago. Diluted earnings per share from continuing operations was TWD 9.6 compared to TWD 10.07 a year ago.
Apex Dynamics Inc is a Taiwan-based company mainly engaged in the engaged in the manufacture, research, development and sales of mechanical transmission components such as reducers, gear rows and gear bars. The Companyâs products mainly include reducers, which are used to reduce motor speed, increase torque and increase output torque; gear rows and gear bars, which are part of mechanical transmission components, used to cooperate with gears, reducers and motors. The reducer mainly produces planetary reducers. The Company also invests in and operates the Millennium Hotels, which mainly provides guest room accommodation and catering services. The Company distributes its products within domestic market and to overseas markets.