Fine Blanking & Tool Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 06:02 pm EDT
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Fine Blanking & Tool Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 669.47 million compared to TWD 749.22 million a year ago. Revenue was TWD 669.47 million compared to TWD 749.22 million a year ago. Net income was TWD 38.34 million compared to TWD 58.39 million a year ago. Basic earnings per share from continuing operations was TWD 0.51 compared to TWD 0.78 a year ago.
For the six months, sales was TWD 1,367.1 million compared to TWD 1,528.91 million a year ago. Revenue was TWD 1,367.1 million compared to TWD 1,528.91 million a year ago. Net income was TWD 87.56 million compared to TWD 116.27 million a year ago. Basic earnings per share from continuing operations was TWD 1.16 compared to TWD 1.54 a year ago.
FINE BLANKING & TOOL CO., LTD. is a Taiwan-based company principally engaged in the research, development, design, manufacture and sales of metal stamping components of automobiles, motorcycles, bicycles and special vehicles. The Company's main products include precision stampings, brake discs, steam locomotive seats and seat recliners, gears and others. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, the Americas and Europe.