Fine Blanking & Tool Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 04:10 am EST
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Fine Blanking & Tool Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 722.23 million compared to TWD 809.52 million a year ago. Net income was TWD 46.47 million compared to TWD 53.78 million a year ago. Basic earnings per share from continuing operations was TWD 0.61 compared to TWD 0.71 a year ago.
For the nine months, sales was TWD 2,089.33 million compared to TWD 2,338.43 million a year ago. Net income was TWD 134.03 million compared to TWD 170.04 million a year ago. Basic earnings per share from continuing operations was TWD 1.77 compared to TWD 2.25 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.