Taiwan Fu Hsing Industrial Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 02:25 pm EST
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Taiwan Fu Hsing Industrial Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 2,626.594 million compared to TWD 2,293.292 million a year ago. Operating income was TWD 418.863 million compared to TWD 334.970 million a year ago. Net income was TWD 274.782 million compared to TWD 260.272 million a year ago. Basic earnings per share was TWD 1.46 compared to TWD 1.38 a year ago. Diluted earnings per share was TWD 1.43 compared to TWD 1.36 a year ago. For the nine months, sales was TWD 6,624.177 million compared to TWD 6,584.563 million a year ago. Operating income was TWD 929.404 million compared to TWD 909.763 million a year ago. Net income was TWD 669.853 million compared to TWD 682.237 million a year ago. Basic earnings per share was TWD 3.55 compared to TWD 3.62 a year ago. Diluted earnings per share was TWD 3.5 compared to TWD 3.55 a year ago.
TAIWAN FU HSING INDUSTRIAL CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and distribution of door related metal products. The Company's products consist of commercial door locks, residential door locks, electronic door locks, lock cases, door closers, handle sets, floor springs and other accessories. The Company distributes its products in domestic market and to overseas markets, including North America, Europe, Australia, Asia, Central and South America and others.