Falcon Machine Tools Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 01:32 pm EDT
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Falcon Machine Tools Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,376.241 million compared to TWD 2,056.050 million a year ago. Operating income was TWD 1.610 million compared to TWD 111.823 million a year ago. Net loss was TWD 12.515 million compared to net income of TWD 97.461 million a year ago. Basic loss per share was TWD 0.16 compared to basic earnings per share of TWD 1.27 a year ago. Diluted loss per share was TWD 0.16 compared to diluted earnings per share of TWD 1.26 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. 
