Sumeeko Industries Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 06:03 pm EDT
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Sumeeko Industries Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 2,431.674 million compared to TWD 1,974.129 million a year ago. Operating income was TWD 106.383 million compared to TWD 100.385 million a year ago. Net income was TWD 163.656 million compared to TWD 151.940 million a year ago. Basic earnings per share was TWD 4.51 compared to TWD 4.18 a year ago. Diluted earnings per share was TWD 4.49 compared to TWD 4.17 a year ago.
Sumeeko Industries Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of automotive fasteners and components. The Company's main products categorized into automotive parts and mechanical parts, including automotive standard fasteners, as well as threaded fasteners used in electronics, construction, furniture and other industries. The Company distributes its products mainly in overseas markets, such as the Americas and Europe.