Kao Fong Machinery Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:33 am EDT
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Kao Fong Machinery 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 538.13 million compared to TWD 487.59 million a year ago. Net income was TWD 31.23 million compared to TWD 12.21 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.29 compared to TWD 0.11 a year ago.
For the six months, sales was TWD 919.08 million compared to TWD 1,013.57 million a year ago. Net income was TWD 25.13 million compared to TWD 24.74 million a year ago. Basic earnings per share from continuing operations was TWD 0.23 compared to TWD 0.23 a year ago. Diluted earnings per share from continuing operations was TWD 0.23 compared to TWD 0.23 a year ago.
KAO FONG MACHINERY CO., LTD is a Taiwan-based company principally engaged in the manufacture and distribution of machine tools and machinery equipment. The Company's products mainly consist of vertical machining centers, horizontal machining centers, as well as gantry-type processing centers. The Company's products are applied in the processing of precision metal components, automotive components, electronic components, molds, semiconductor products and others. The Company distributes its products in Taiwan, the Americas and the rest of Asia.
KAO FONG MACHINERY CO., LTD 
