Falcon Machine Tools Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 29, 2019 at 09:31 pm
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Falcon Machine Tools Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 2,056.050 million compared to TWD 1,890.274 million a year ago. Operating income was TWD 111.823 million compared to TWD 26.711 million a year ago. Net income was TWD 97.461 million compared to TWD 20.787 million a year ago. Basic earnings per share was TWD 1.27 compared to TWD 0.27 a year ago. Diluted earnings per share was TWD 1.26 compared to TWD 0.27 a year ago.
Falcon Machine Tools Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of machine tools. The Company's products include grinding machines, computer numerically controlled (CNC) grinders, vertical lathes, CNC machining centers, CNC lathes, as well as portal grinding and milling machine tools and others. Its products are mainly applied in the drilling, milling, processing and manufacture of metal and nonmetal components, devices and tools. The Company is also engaged in the manufacture of related components and the provision of maintenance services. The Company distributes its products in Taiwan, the Mainland China, the Americas, Europe and others.