Falcon Machine Tools Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 05:33 pm EDT
Share
Falcon Machine Tools Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 349.848 million compared to TWD 177.519 million a year ago. Operating income was TWD 14.120 million compared to operating loss of TWD 19.201 million a year ago. Net income was TWD 7.598 million compared to net loss of TWD 26.880 million a year ago. Basic earnings per share from continuing operations was TWD 0.1 compared to basic loss per share from continuing operations of TWD 0.35 a year ago.
Falcon Machine Tools Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of machine tools. The Company's products include grinding machines, computer numerically controlled (CNC) grinders, vertical lathes, CNC machining centers, CNC lathes, as well as portal grinding and milling machine tools and others. Its products are mainly applied in the drilling, milling, processing and manufacture of metal and nonmetal components, devices and tools. The Company is also engaged in the manufacture of related components and the provision of maintenance services. The Company distributes its products in Taiwan, the Mainland China, the Americas, Europe and others.
FALCON MACHINE TOOLS CO., LTD. 
