Sumeeko Industries Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 14, 2019 at 03:52 am IST
Share
Sumeeko Industries Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 653.921 million compared to TWD 313.605 million a year ago. Operating income was TWD 51.778 million compared to TWD 35.060 million a year ago. Net income was TWD 48.004 million compared to TWD 9.674 million a year ago. Basic earnings per share was TWD 1.32 compared to TWD 0.27 a year ago. Diluted earnings per share was TWD 1.32 compared to TWD 0.26 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.