Falcon Machine Tools Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 08:22 am EDT
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Falcon Machine Tools Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 1,116.868 million compared to TWD 1,376.241 million a year ago. Operating loss was TWD 37.937 million compared to operating Income of TWD 1.610 million a year ago. Net loss was TWD 38.882 million compared to TWD 12.515 million a year ago. Basic loss per share was TWD 0.51 compared to TWD 0.16 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. 
