Taiwan Fu Hsing Industrial Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 02:16 am IST
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Taiwan Fu Hsing Industrial Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 2,240.790 million compared to TWD 2,299.017 million a year ago. Operating income was TWD 349.966 million compared to TWD 345.491 million a year ago. Net income was TWD 244.396 million compared to TWD 256.002 million a year ago. Basic earnings per share was TWD 1.3 compared to TWD 1.36 a year ago. Diluted earnings per share was TWD 1.28 compared to TWD 1.34 a year ago. For the half year, sales was TWD 3,997.583 million compared to TWD 4,291.271 million a year ago. Operating income was TWD 510.541 million compared to TWD 574.793 million a year ago. Net income was TWD 395.071 million compared to TWD 421.965 million a year ago. Basic earnings per share was TWD 2.1 compared to TWD 2.24 a year ago. Diluted earnings per share was TWD 2.07 compared to TWD 2.21 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.
TAIWAN FU HSING INDUSTRIAL CO.,LTD. 
