Sumeeko Industries Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 03:08 pm EDT
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Sumeeko Industries Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,990.511 million compared to TWD 2,431.674 million a year ago. Operating income was TWD 84.433 million compared to TWD 106.383 million a year ago. Net income was TWD 90.899 million compared to TWD 163.656 million a year ago. Basic earnings per share from continuing operations was TWD 2.53 compared to TWD 4.51 a year ago. Diluted earnings per share from continuing operations was TWD 2.52 compared to TWD 4.49 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.