SIGN IN
Log In / Register
News
NAFCO Reports an NTD4.53 EPS and an NTD1.8 Dividend in 2015
Add to my favorite
2016-03-16
The aerospace screws & nuts manufacturer NAFCO has recently released its annual financial report for 2015. Its earnings after tax was NTD0.238 billion (a record-high surplus against a loss in the previous year). The EPS was NTD4.53, the dividend was NTD1.8, and the cash yield was 2.8%.
As NAFCO agreed to pay the court settlement in 2014, it faced an operating loss during the year. However, in 2015 it successfully turned the operation into a surplus again. This year (2016) its operating result is expected to steadily grow further due to the shipments to a large engine manufacturer GE, the shipment to a German aircraft engine manufacturer MTU for its trial order, and the demand for aircraft maintenance & repair and new aircraft models in Asia Pacific.
