Chiu Ting Machinery Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 03:25 pm EDT
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Chiu Ting Machinery Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 570.847 million compared to TWD 678.425 million a year ago. Operating income was TWD 34.393 million compared to TWD 29.790 million a year ago. Net income was TWD 21.964 million compared to TWD 68.333 million a year ago. Basic earnings per share from continuing operations was TWD 0.34 compared to TWD 1.06 a year ago. Basic earnings per share was TWD 0.34 compared to TWD 1.05 a year ago. Diluted earnings per share was TWD 0.34 compared to TWD 1.04 a year ago. For the half year, sales was TWD 1,212.730 million compared to TWD 1,421.711 million a year ago. Operating income was TWD 76.123 million compared to TWD 75.749 million a year ago. Net income was TWD 64.521 million compared to TWD 82.026 million a year ago. Basic earnings per share from continuing operations was TWD 0.99 compared to TWD 1.3 a year ago. Basic earnings per share was TWD 0.99 compared to TWD 1.25 a year ago. Diluted earnings per share from continuing operations was TWD 0.98 compared to TWD 1.3 a year ago. Diluted earnings per share was TWD 0.98 compared to TWD 1.25 a year ago.
CHIU TING MACHINERY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture, processing and sales of woodworking machineries. The Companyâs primary products include computerized auto carving machines, bench top and stationery planers, manual planers, single spindle shapers, bench top and stationery jointers, computer numerical control (CNC) machine tools and lathes, as well as bench top and stationery table saws. The Company mainly distributes its products in domestic market and overseas markets, including the United States of America (the USA), Canada and other countries.
CHIU TING MACHINERY CO., LTD. 