Tycoons Group Enterprise Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 11:26 am
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Tycoons Group Enterprise Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 2,969.364 million compared to TWD 2,139.329 million a year ago. Operating income was TWD 374.504 million compared to operating loss of TWD 17.344 million a year ago. Net income was TWD 190.656 million compared to net loss of TWD 93.934 million a year ago. Basic earnings per share was TWD 0.4 compared to basic loss per share of TWD 0.2 a year ago.
TYCOONS GROUP ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of wire rods and screws. The Company provides wire rod products, including rolled steel for general structure, wire rods for core wire of covered electrode, low carbon steel wire rods and high carbon steel wire rods; screw products, including drywall screws, tapping screws, self-drilling screws, chipboard screws, wood screws, mechanical screws and particle board screws, as well as rebar and others. Its products are applied primarily in the manufacture of hand tools, steel wires, steel cables, machines, electronic products, transportation devices, industrial products and others. The Company distributes its products within domestic market and to overseas markets.
TYCOONS GROUP ENTERPRISE CO.,LTD. 
