Turvo International Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 10:18 am EDT
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TURVO International Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 2,538.399 million compared to TWD 2,353.988 million a year ago. Operating income was TWD 404.990 million compared to TWD 319.324 million a year ago. Net income was TWD 375.127 million compared to TWD 305.367 million a year ago. Basic earnings per share from continuing operations was TWD 6.23 compared to TWD 5.07 a year ago. Diluted earnings per share from continuing operations was TWD 6.21 compared to TWD 5.06 a year ago.
TURVO International Co., Ltd. is a Taiwan-based company principally engaged in the processing, manufacturing and trading of precision metal components. The Company mainly provides precision metal components, which are applied in the manufacturing automotive engine systems, automotive transmission systems, automotive chassis systems, medical equipment, industrial communication and aerospace connectors and optical products, among others. The Company distributes its products within domestic market, and to overseas markets, including the rest of Asia, the Americas and Europe.