Roundtop Machinery Industries Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 11:38 am EDT
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Roundtop Machinery Industries Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 192.944 million compared to TWD 133.086 million a year ago. Operating income was TWD 46.440 million compared to TWD 24.726 million a year ago. Net income was TWD 62.351 million compared to TWD 66.772 million a year ago. Basic earnings per share was TWD 0.73 compared to TWD 0.78 a year ago. For the half year, sales was TWD 350.545 million compared to TWD 230.186 million a year ago. Operating income was TWD 76.557 million compared to TWD 31.042 million a year ago. Net income was TWD 113.952 million compared to TWD 74.590 million a year ago. Basic earnings per share was TWD 1.33 compared to TWD 0.87 a year ago.
Roundtop Machinery Industries Co Ltd is a Taiwan-based company principally engaged in the manufacture and sales of machining centers and computer numerical control (CNC) lathes. The Company's primary products include vertical machining center (VMC) series, high-speed vertical machining centers, horizontal boring and milling centers, horizontal and vertical machining centers, double column multi-axis machining centers, slant-bed CNC super lathes, super turning centers, turing centers, great turning centers and vertical turing centers. The Company mainly distributes its products in Asia, the Americas and Europe.