Sheh Kai Precision Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 11:12 am
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Sheh Kai Precision Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 291.136 million compared to TWD 277.613 million a year ago. Operating income was TWD 54.071 million compared to TWD 50.338 million a year ago. Net income was TWD 42.604 million compared to TWD 41.743 million a year ago. Basic earnings per share was TWD 0.95 compared to TWD 0.93 a year ago. For the half year, sales was TWD 543.009 million compared to TWD 520.033 million a year ago. Operating income was TWD 104.645 million compared to TWD 100.132 million a year ago. Net income was TWD 82.398 million compared to TWD 78.456 million a year ago. Basic earnings per share was TWD 1.83 compared to TWD 1.74 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.