Awea Mechantronic Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
May 05, 2020 at 04:47 pm EDT
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Awea mechantronic co.,ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 591.116 million compared to TWD 837.696 million a year ago. Operating loss was TWD 16.718 million compared to operating Income of TWD 73.723 million a year ago. Net income was TWD 327.587 million compared to TWD 53.988 million a year ago. Basic earnings per share was TWD 3.39 compared to TWD 0.56 a year ago. Diluted earnings per share was TWD 3.33 compared to TWD 0.56 a year ago.
AWEA MECHANTRONIC CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and sales of computer numerical control (CNC) machine tools. The company's main products include the gantry-type vertical machining centers, as well as the C-type vertical machining centers. In addition, the Company is also involved in the provision of related maintenance services, as well as the trading of parts and components. Its products are mainly used in industries such as aerospace, national defense, automobile, mechanical, metal processing and electronics. The Company mainly distributes its products in domestic market and to overseas markets.