China Fineblanking Technology Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 09:08 pm
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China Fineblanking Technology Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 545.29 million compared to TWD 621.49 million a year ago. Net loss was TWD 8.48 million compared to net income of TWD 34.99 million a year ago. Basic loss per share from continuing operations was TWD 0.0995 compared to basic earnings per share from continuing operations of TWD 0.4179 a year ago.
For the six months, sales was TWD 1,026.2 million compared to TWD 1,345.54 million a year ago. Net loss was TWD 64.78 million compared to net income of TWD 61.34 million a year ago. Basic loss per share from continuing operations was TWD 0.796 compared to basic earnings per share from continuing operations of TWD 0.7363 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.