Sheh Fung Screws Is Now Traded Over the Counter

Sheh Fung Screws has registered on March 17 to be traded over the counter. The registered price per share is NTD28 and it is listed in the category of “steel industry.”。

According to the info released by Taipei Exchange, Sheh Fung was founded in 1973 and is specialized in manufacture of self-tapping screws and self-drilling screws, which represent 62.60% and 33.40% of its total revenue respectively. Self-tapping screws are mainly applied to outdoors wooden products and are sold to the US, while self-drilling screws are mainly applied to roofs of buildings and steel plates of factories and are sold to Europe.

Sheh Fung’s revenue last year was NTD1.155 billion (earnings after tax: NTD54.62 million, EPS: NTD1.82). Its revenue this January was NTD85.07 million (earnings after tax: NTD6.08 million, EPS: NTD0.2).

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