Falcon Machine Tools Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 11, 2018 at 06:40 am EST
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Falcon Machine Tools Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 516.544 million compared to TWD 512.713 million a year ago. Sales was TWD 516.544 million compared to TWD 512.713 million a year ago. Operating income was TWD 32.793 million compared to TWD 17.527 million a year ago. Net income was TWD 28.273 million compared to TWD 24.040 million a year ago. Basic earnings per share was TWD 0.37 compared to TWD 0.31 a year ago.
For the nine months, total revenue was TWD 1,621.555 million compared to TWD 1,317.174 million a year ago. Sales was TWD 1,621.555 million compared to TWD 1,317.174 million a year ago. Operating income was TWD 105.869 million compared to TWD 23.005 million a year ago. Net income was TWD 97.800 million compared to TWD 2.586 million a year ago. Basic earnings per share was TWD 1.27 compared to TWD 0.03 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. 
