Chien Wei Precise Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Chien Wei Precise Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 95.06 million compared to TWD 93.36 million a year ago. Net loss was TWD 1.48 million compared to TWD 5.5 million a year ago. Basic loss per share from continuing operations was TWD 0.04 compared to TWD 0.14 a year ago. Diluted loss per share from continuing operations was TWD 0.04 compared to TWD 0.14 a year ago.
For the six months, sales was TWD 198.7 million compared to TWD 154.62 million a year ago. Net loss was TWD 0.534 million compared to TWD 17.04 million a year ago. Basic loss per share from continuing operations was TWD 0.01 compared to TWD 0.44 a year ago. Diluted loss per share from continuing operations was TWD 0.01 compared to TWD 0.44 a year ago.
CHIEN WEI PRECISE TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of precise molds, measure equipment, processing equipment, as well as other precise parts and components. Its processing equipment includes machine tools, jig grinders and computer numerical control (CNC) vertical grinders. The Company's precise molds are used for manufacturing of semiconductors, compact disks (CDs) and optoelectronic products. The measure equipment is used in integrated circuit (IC) component industry, semiconductor related industry, printed circuit board (PCB) industry, precise molds industry and mechanical component processing industry. The other precise components include parts, components and precise materials used for machines and equipment. The Company distributes its products in domestic market and to other Asia markets.