Tong Ming Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 12:14 pm EST
Share
Tong Ming Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 2,456.357 million compared to TWD 2,297.495 million a year ago. Net income was TWD 161.123 million compared to TWD 141.330 million a year ago. Basic earnings per share was TWD 0.96 compared to TWD 0.84 a year ago. Diluted earnings per share was TWD 0.92 compared to TWD 0.81 a year ago. For the nine months, sales was TWD 6,424.271 million compared to TWD 6,539.680 million a year ago. Net income was TWD 301.220 million compared to TWD 310.120 million a year ago. Basic earnings per share was TWD 1.79 compared to TWD 1.85 a year ago. Diluted earnings per share was TWD 1.72 compared to TWD 1.78 a year ago.
Tong Ming Enterprise Co., Ltd. is engaged in manufacturing stainless steel fasteners with production bases in Malaysia, Thailand and China. The Companyâs products include stainless steel fasteners and stainless-steel wire. The Companyâs stainless steel fastener products include nonstandard products, threaded rods & studs, washers/rings, mushroom head square neck bolts, machine screws, self-tapping screws, nuts, hexagon socket cap screws and hexagon head bolts. The stainless-steel wire includes netting, cable, nails, and cold heading products. It also provides washers/rings, hose clamps, self-drilling screws, wedge anchors, rivet nuts and rivets. The Company has approximately 45,000 annual production capacity.
TONG MING ENTERPRISE CO., LTD. 
