Roundtop Machinery Industries Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 11:36 am EST
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Roundtop Machinery Industries Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 160.927 million compared to TWD 188.139 million a year ago. Operating income was TWD 29.901 million compared to TWD 37.270 million a year ago. Net income was TWD 29.493 million compared to TWD 23.049 million a year ago. Basic earnings per share was TWD 0.35 compared to TWD 0.27 a year ago. Diluted earnings per share was TWD 0.34 compared to TWD 0.27 a year ago. For the nine months, sales was TWD 511.472 million compared to TWD 418.325 million a year ago. Operating income was TWD 106.458 million compared to TWD 68.312 million a year ago. Net income was TWD 143.445 million compared to TWD 97.639 million a year ago. Basic earnings per share was TWD 1.68 compared to TWD 1.14 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.