Sheh Kai Precision Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 12:36 am
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Sheh Kai Precision Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 335.153 million compared to TWD 233.235 million a year ago. Operating income was TWD 53.301 million compared to TWD 27.434 million a year ago. Net income was TWD 38.784 million compared to TWD 18.366 million a year ago. Basic earnings per share was TWD 0.86 compared to TWD 0.41 a year ago. Diluted earnings per share was TWD 0.75 compared to TWD 0.41 a year ago. For the half year, total revenue was TWD 636.639 million compared to TWD 493.683 million a year ago. Operating income was TWD 97.912 million compared to TWD 66.257 million a year ago. Net income was TWD 75.451 million compared to TWD 48.947 million a year ago. Basic earnings per share was TWD 1.68 compared to TWD 1.09 a year ago. Diluted earnings per share was TWD 1.45 compared to TWD 1.09 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.