Falcon Machine Tools Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 05:24 pm EDT
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Falcon Machine Tools Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 413.63 million compared to TWD 349.85 million a year ago. Revenue was TWD 413.63 million compared to TWD 349.85 million a year ago. Net loss was TWD 0.48 million compared to net income of TWD 7.6 million a year ago. Basic loss per share from continuing operations was TWD 0.01 compared to basic earnings per share from continuing operations of TWD 0.1 a year ago. Diluted loss per share from continuing operations was TWD 0.01 compared to diluted earnings per share from continuing operations of TWD 0.1 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. 