Turvo International Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 04:58 pm EDT
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TURVO International Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 534.883 million compared to TWD 548.570 million a year ago. Operating income was TWD 65.532 million compared to TWD 80.470 million a year ago. Net income was TWD 63.957 million compared to TWD 66.249 million a year ago. Basic earnings per share was TWD 1.06 compared to TWD 1.1 a year ago. For the half year, sales was TWD 1,095.652 million compared to TWD 1,177.927 million a year ago. Operating income was TWD 149.305 million compared to TWD 193.072 million a year ago. Net income was TWD 141.444 million compared to TWD 169.064 million a year ago. Basic earnings per share was TWD 2.35 compared to TWD 2.81 a year ago. Diluted earnings per share was TWD 2.34 compared to TWD 2.8 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.
TURVO INTERNATIONAL CO., LTD. 
