Falcon Machine Tools Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 03:48 pm EST
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Falcon Machine Tools Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 397.93 million compared to TWD 419.65 million a year ago. Revenue was TWD 397.93 million compared to TWD 419.65 million a year ago. Net income was TWD 4.39 million compared to TWD 0.203 million a year ago. Basic earnings per share from continuing operations was TWD 0.06. Diluted earnings per share from continuing operations was TWD 0.06.
For the nine months, sales was TWD 1,232.27 million compared to TWD 1,178.19 million a year ago. Revenue was TWD 1,232.27 million compared to TWD 1,178.19 million a year ago. Net income was TWD 24.77 million compared to TWD 12.36 million a year ago. Basic earnings per share from continuing operations was TWD 0.32 compared to TWD 0.16 a year ago. Diluted earnings per share from continuing operations was TWD 0.32 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. 
