China Fineblanking Technology Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 08:57 pm
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China Fineblanking 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 621.49 million compared to TWD 655.4 million a year ago. Net income was TWD 34.99 million compared to TWD 29.69 million a year ago. Basic earnings per share from continuing operations was TWD 0.42 compared to TWD 0.3529 a year ago. Diluted earnings per share from continuing operations was TWD 0.39 compared to TWD 0.3333 a year ago.
For the six months, sales was TWD 1,345.54 million compared to TWD 1,281.86 million a year ago. Net income was TWD 61.34 million compared to TWD 69.01 million a year ago. Basic earnings per share from continuing operations was TWD 0.74 compared to TWD 0.8333 a year ago. Diluted earnings per share from continuing operations was TWD 0.69 compared to TWD 0.7745 a year ago.
China Fineblanking Technology Co Ltd is a Taiwan-based company mainly engaged in the production and supply of metal parts such as computer hard drives and automobiles focusing on the research and development and manufacturing technology of fine blanking. The main products include hard drives machine parts such as computerized hard disk voice coil motor brakes, automobile and motorcycle parts such as transmission parts, door locks and seats, hydraulic pumps, brakes and other stamped parts. The Company mainly sells its products in Taiwan, Europe, Asia and others.