Awea Mechantronic Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020 at 02:55 pm EST
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Awea mechantronic co.,ltd announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 786.032 million compared to TWD 912.527 million a year ago. Operating loss was TWD 5.336 million compared to operating Income of TWD 43.627 million a year ago. Net income was TWD 21.133 million compared to TWD 21.442 million a year ago. Basic earnings per share was TWD 0.22 compared to TWD 0.22 a year ago. Diluted earnings per share was TWD 0.19 compared to TWD 0.22 a year ago. For the nine months, sales was TWD 2,241.723 million compared to TWD 2,599.016 million a year ago. Operating income was TWD 19.881 million compared to TWD 192.549 million a year ago. Net income was TWD 361.990 million compared to TWD 135.669 million a year ago. Basic earnings per share was TWD 3.75 compared to TWD 1.4 a year ago. Diluted earnings per share was TWD 3.7 compared to TWD 1.39 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.