Sheh Kai Precision Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 10:58 am
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Sheh Kai Precision Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 301.486 million compared to TWD 260.448 million a year ago. Operating income was TWD 44.611 million compared to TWD 38.823 million a year ago. Net income was TWD 36.667 million compared to TWD 30.581 million a year ago. Basic earnings per share was TWD 0.81 compared to TWD 0.68 a year ago. Diluted earnings per share was TWD 0.7 compared to TWD 0.68 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.