Sheh Kai Precision Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 07:40 pm
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Sheh Kai Precision Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,061.740 million compared to TWD 1,117.875 million a year ago. Operating income was TWD 143.482 million compared to TWD 201.528 million a year ago. Net income was TWD 106.697 million compared to TWD 151.331 million a year ago. Basic earnings per share from continuing operations was TWD 2.37 compared to TWD 3.36 a year ago. Diluted earnings per share from continuing operations was TWD 2.09 compared to TWD 3.35 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.