Taiwan Takisawa Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 02:22 pm EDT
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Taiwan TAKISAWA Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 476.866 million compared to TWD 656.204 million a year ago. Operating income was TWD 6.032 million compared to TWD 58.651 million a year ago. Net income was TWD 712,000 compared to TWD 53.535 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.74 a year ago. Diluted earnings per share was TWD 0.01 compared to TWD 0.73 a year ago.
TAIWAN TAKISAWA TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of mechanical equipment and other electrical and electronic machinery and equipment. The Company's main products include computer numerical control (CNC) lathes, original equipment manufacturer (OEM) production lathes, printed circuit board (PCB) drilling machines, high-speed precision lathes and others. The Company's products are mainly used in automobiles, aerospace, national defense, as well as computer, communications and consumer electronics (3C) products. The Company distributes its products in domestic market to overseas markets, including the rest areas of Asia, Europe, the Americas and others.
TAIWAN TAKISAWA TECHNOLOGY CO., LTD. 
