Tycoons Group Enterprise Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 25, 2020 at 09:00 pm IST
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Tycoons Group Enterprise Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 11,519.202 million compared to TWD 11,117.144 million a year ago. Operating loss was TWD 263.211 million compared to operating Income of TWD 67.404 million a year ago. Net loss was TWD 786.105 million compared to TWD 51.155 million a year ago. Basic loss per share from continuing operations was TWD 1.42 compared to basic earnings per share from continuing operations of TWD 0.2 a year ago. Basic loss per share was TWD 1.64 compared to TWD 0.11 a year ago.
TYCOONS GROUP ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of wire rods and screws. The Company provides wire rod products, including rolled steel for general structure, wire rods for core wire of covered electrode, low carbon steel wire rods and high carbon steel wire rods; screw products, including drywall screws, tapping screws, self-drilling screws, chipboard screws, wood screws, mechanical screws and particle board screws, as well as rebar and others. Its products are applied primarily in the manufacture of hand tools, steel wires, steel cables, machines, electronic products, transportation devices, industrial products and others. The Company distributes its products within domestic market and to overseas markets.