Falcon Machine Tools Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 09:32 am EDT
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Falcon Machine Tools Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 385.042 million compared to TWD 695.024 million a year ago. Operating income was TWD 15.053 million compared to TWD 64.369 million a year ago. Net income was TWD 11.647 million compared to TWD 68.506 million a year ago. Basic earnings per share was TWD 0.15 compared to TWD 0.89 a year ago. For the half year, sales was TWD 671.332 million compared to TWD 1,105.011 million a year ago. Operating income was TWD 1.288 million compared to TWD 73.076 million a year ago. Net loss was TWD 6.760 million compared to net income of TWD 69.527 million a year ago. Basic loss per share was TWD 0.09 compared to basic earnings per share of TWD 0.9 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. 
