Turvo International Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 09:16 pm
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TURVO International Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 560.769 million compared to TWD 629.357 million a year ago. Operating income was TWD 83.773 million compared to TWD 112.602 million a year ago. Net income was TWD 77.487 million compared to TWD 102.815 million a year ago. Basic earnings per share was TWD 1.29 compared to TWD 1.71 a year ago. Diluted earnings per share was TWD 1.28 compared to TWD 1.7 a year ago.
TURVO International Co., Ltd. is a Taiwan-based company principally engaged in the processing, manufacturing and trading of precision metal components. The Company mainly provides precision metal components, which are applied in the manufacturing automotive engine systems, automotive transmission systems, automotive chassis systems, medical equipment, industrial communication and aerospace connectors and optical products, among others. The Company distributes its products within domestic market, and to overseas markets, including the rest of Asia, the Americas and Europe.