Fwusow Industry Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 02:27 pm
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Fwusow Industry Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 2,919.411 million compared to TWD 3,012.203 million a year ago. Operating income was TWD 72.031 million compared to TWD 15.790 million a year ago. Net income was TWD 74.871 million compared to TWD 11.466 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.04 a year ago. For the half year, sales was TWD 5,908.028 million compared to TWD 5,978.789 million a year ago. Operating income was TWD 77.076 million compared to TWD 34.671 million a year ago. Net income was TWD 342.093 million compared to TWD 44.315 million a year ago. Basic earnings per share was TWD 1.06 compared to TWD 0.14 a year ago.
FWUSOW INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of feedstuff, oil and fat products and other foods and fertilizers. The Companyâs products include mixed feedstuff, pet foods, edible oil, soybean powder, cereal products and organic fertilizers. It mixed feedstuff products include feedstuff for pigs, chicken and aquatic livestock, among others. Its edible oil products include salad oil, sunflower oil, sesame oil and olive oil, among others. Its cereal food products mainly include instant breakfast cereal foods. The Company is also engaged in importing and exporting businesses and the importing and sales of bulk cereals. The Company mainly operates businesses in domestic market.