Sheh Kai Precision Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 05:31 pm
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Sheh Kai Precision Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 268.347 million compared to TWD 287.168 million a year ago. Net income was TWD 26.836 million compared to TWD 36.449 million a year ago. Basic earnings per share was TWD 0.6 compared to TWD 0.81 a year ago. Diluted earnings per share was TWD 0.53 compared to TWD 0.81 a year ago. For the nine months, sales was TWD 762.030 million compared to TWD 830.177 million a year ago. Net income was TWD 75.783 million compared to TWD 118.847 million a year ago. Basic earnings per share was TWD 1.68 compared to TWD 2.64 a year ago. Diluted earnings per share was TWD 1.49 compared to TWD 2.63 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.
SHEH KAI PRECISION CO., LTD. 
