Turvo International Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020
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TURVO International Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 693.807 million compared to TWD 552.946 million a year ago. Operating income was TWD 112.486 million compared to TWD 53.350 million a year ago. Net income was TWD 120.893 million compared to TWD 78.495 million a year ago. Basic earnings per share was TWD 2.01 compared to TWD 1.3 a year ago. Diluted earnings per share was TWD 2 compared to TWD 1.3 a year ago. For the nine months, sales was TWD 1,789.459 million compared to TWD 1,730.873 million a year ago. Operating income was TWD 261.791 million compared to TWD 246.422 million a year ago. Net income was TWD 262.337 million compared to TWD 247.559 million a year ago. Basic earnings per share was TWD 4.36 compared to TWD 4.11 a year ago. Diluted earnings per share was TWD 4.34 compared to TWD 4.09 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. 
