Asia Neo Tech Industrial Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 14, 2022
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Asia Neo Tech Industrial Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 218.99 million compared to TWD 193.69 million a year ago. Net loss was TWD 9.46 million compared to net income of TWD 13.98 million a year ago. Basic loss per share from continuing operations was TWD 0.29 compared to basic earnings per share from continuing operations of TWD 0.49 a year ago. Diluted loss per share from continuing operations was TWD 0.29 compared to diluted earnings per share from continuing operations of TWD 0.49 a year ago. Basic loss per share was TWD 0.29 compared to basic earnings per share of TWD 0.49 a year ago. Diluted loss per share was TWD 0.29 compared to diluted earnings per share of TWD 0.49 a year ago.
For the six months, sales was TWD 351.9 million compared to TWD 288.4 million a year ago. Net loss was TWD 23.58 million compared to net income of TWD 5.97 million a year ago. Basic loss per share from continuing operations was TWD 0.73 compared to basic earnings per share from continuing operations of TWD 0.21 a year ago. Diluted loss per share from continuing operations was TWD 0.73 compared to diluted earnings per share from continuing operations of TWD 0.21 a year ago. Basic loss per share was TWD 0.73 compared to basic earnings per share of TWD 0.21 a year ago. Diluted loss per share was TWD 0.73 compared to diluted earnings per share of TWD 0.21 a year ago.
Asia Neo Tech Industrial Co., Ltd. is a Taiwan-based company principally engaged in the design, research, development, manufacture and sales of automatic drying equipment and related mechanical equipment. The Company's main products include conveyor ovens, ovens, printed circuit boards (PCBs), cover lens, green glass and touch panels. The Company distributes its products in domestic market and to overseas markets, such as mainland China.