Fittech Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 04:56 pm EDT
Share
Fittech 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 399.13 million compared to TWD 1,465.31 million a year ago. Revenue was TWD 406.85 million compared to TWD 1,472.34 million a year ago. Net loss was TWD 76.87 million compared to net income of TWD 312.45 million a year ago. Basic loss per share from continuing operations was TWD 1.05 compared to basic earnings per share from continuing operations of TWD 4.25 a year ago. Diluted loss per share from continuing operations was TWD 1.05 compared to diluted earnings per share from continuing operations of TWD 4.12 a year ago.
For the six months, sales was TWD 790.67 million compared to TWD 3,268.18 million a year ago. Revenue was TWD 801.48 million compared to TWD 3,288.93 million a year ago. Net loss was TWD 134.48 million compared to net income of TWD 693.22 million a year ago. Basic loss per share from continuing operations was TWD 1.83 compared to basic earnings per share from continuing operations of TWD 9.43 a year ago. Diluted loss per share from continuing operations was TWD 1.83 compared to diluted earnings per share from continuing operations of TWD 9.01 a year ago.
FITTECH CO.,LTD is a Taiwan-based company mainly engaged in research, development, manufacturing and sales of optical inspection equipment. The company is also engaged in the development, manufacture and sale of laser precision machinery and equipment, as well as testing foundry services. The company's main products include integrated light-emitting diode (LED) die / crystal garden spot measuring machine, automatic wafer tester, die counter, automatic upper and lower die machine and other LED testing equipment; laser precision machines such as laser cutting machines, laser welding machines and laser descaling machines. The company's products are mainly sold to Asia and other regions.
FITTECH CO.,LTD 
