Tong Ming Enterprise Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 01:56 pm EDT
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Tong Ming Enterprise Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 9,171.338 million compared to TWD 8,807.059 million a year ago. Operating income was TWD 693.083 million compared to TWD 654.299 million a year ago. Net income was TWD 493.558 million compared to TWD 466.098 million a year ago. Basic earnings per share was TWD 2.94 compared to TWD 2.77 a year ago. Diluted earnings per share was TWD 2.81 compared to TWD 2.67 a year ago.
Tong Ming Enterprise Co., Ltd. is engaged in manufacturing stainless steel fasteners with production bases in Malaysia, Thailand and China. The Companyâs products include stainless steel fasteners and stainless-steel wire. The Companyâs stainless steel fastener products include nonstandard products, threaded rods & studs, washers/rings, mushroom head square neck bolts, machine screws, self-tapping screws, nuts, hexagon socket cap screws and hexagon head bolts. The stainless-steel wire includes netting, cable, nails, and cold heading products. It also provides washers/rings, hose clamps, self-drilling screws, wedge anchors, rivet nuts and rivets. The Company has approximately 45,000 annual production capacity.
TONG MING ENTERPRISE CO., LTD. 
