Falcon Machine Tools Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 05:34 pm EDT
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Falcon Machine Tools Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 408.696 million compared to TWD 273.176 million a year ago. Operating income was TWD 12.671 million compared to operating loss of TWD 16.584 million a year ago. Net income was TWD 4.561 million compared to net loss of TWD 12.929 million a year ago. Basic earnings per share was TWD 0.06 compared to basic loss per share of TWD 0.17 a year ago. For the half year, total revenue was TWD 758.544 million compared to TWD 450.695 million a year ago. Operating income was TWD 26.791 million compared to operating loss of TWD 35.785 million a year ago. Net income was TWD 12.159 million compared to net loss of TWD 39.809 million a year ago. Basic earnings per share was TWD 0.16 compared to basic loss per share of TWD 0.52 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. 
