Fwusow Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 01:24 pm
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Fwusow Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 3,052.020 million compared to TWD 3,065.634 million a year ago. Operating income was TWD 134.876 million compared to TWD 22.469 million a year ago. Net income was TWD 133.302 million compared to TWD 28.246 million a year ago. Basic earnings per share was TWD 0.41 compared to TWD 0.09 a year ago. For the nine months, sales was TWD 8,960.048 million compared to TWD 9,044.423 million a year ago. Operating income was TWD 211.952 million compared to TWD 57.140 million a year ago. Net income was TWD 475.395 million compared to TWD 72.561 million a year ago. Basic earnings per share was TWD 1.48 compared to TWD 0.23 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.