FineMat Applied Materials Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 02:16 am EST
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FineMat Applied Materials 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 251.75 million compared to TWD 275.7 million a year ago. Net income was TWD 10.17 million compared to net loss of TWD 16.17 million a year ago. Basic earnings per share from continuing operations was TWD 0.15 compared to basic loss per share from continuing operations of TWD 0.25 a year ago. Diluted earnings per share from continuing operations was TWD 0.15 compared to diluted loss per share from continuing operations of TWD 0.25 a year ago.
For the nine months, sales was TWD 801.8 million compared to TWD 885.6 million a year ago. Net loss was TWD 59.78 million compared to TWD 10.25 million a year ago. Basic loss per share from continuing operations was TWD 0.91 compared to TWD 0.16 a year ago. Diluted loss per share from continuing operations was TWD 0.91 compared to TWD 0.16 a year ago.
FineMat Applied Materials Co., Ltd. is a Taiwan company mainly engaged in the manufacture of electronic components and wholesale of electronic materials. The Companyâs main products include OLED metal masks, stencil-printed gold metal masks, and precision cleaning and recycling. OLED metal mask is a metal mask used for AMOLED display luminescent dye pigment evaporation process. The Companyâs products are mainly provided to domestic market and overseas market.