Sheh Kai Precision Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 09:37 pm
Share
Sheh Kai Precision Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 260.448 million compared to TWD 251.873 million a year ago. Operating income was TWD 38.823 million compared to TWD 50.574 million a year ago. Net income was TWD 30.581 million compared to TWD 39.794 million a year ago. Basic earnings per share was TWD 0.68 compared to TWD 0.88 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.