Fu Chun Shin Machinery Manufacture Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 04:18 pm EDT
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Fu Chun Shin Machinery Manufacture Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 621.128 million compared to TWD 817.066 million a year ago. Operating loss was TWD 11.502 million compared to TWD 9.771 million a year ago. Net loss was TWD 2.997 million compared to net income of TWD 860,000 a year ago. Basic loss per share was TWD 0.02 compared to basic earnings per share of TWD 0.01 a year ago. For the half year, sales was TWD 1,154.280 million compared to TWD 1,621.469 million a year ago. Operating loss was TWD 111.403 million compared to operating Income of TWD 15.211 million a year ago. Net loss was TWD 65.394 million compared to net income of TWD 17.429 million a year ago. Basic loss per share was TWD 0.45 compared to basic earnings per share of TWD 0.12 a year ago.
FU CHUN SHIN MACHINERY MANUFACTURE CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of plastic injection molding machines. The Company's main products include electronic precision component ejectors of computers, communications and consumer electronics (3C) products, liquid crystal display (LCD) ejectors, cables, light guide plates and others. The Company is also involved in the manufacture of auto parts, electronic parts and other plastic products. The Company distributes its products in domestic market and to overseas markets, including mainland China and others.
FU CHUN SHIN MACHINERY MANUFACTURE CO., LTD. 
