FineTek Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022
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FineTek 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 337.57 million compared to TWD 309.21 million a year ago. Net income was TWD 100.16 million compared to TWD 73.63 million a year ago. Basic earnings per share from continuing operations was TWD 2.036 compared to TWD 1.5045 a year ago. Diluted earnings per share from continuing operations was TWD 2.027 compared to TWD 1.5045 a year ago.
For the six months, sales was TWD 632.25 million compared to TWD 567.48 million a year ago. Net income was TWD 161.51 million compared to TWD 123.03 million a year ago. Basic earnings per share from continuing operations was TWD 3.2793 compared to TWD 2.5225 a year ago. Diluted earnings per share from continuing operations was TWD 3.2703 compared to TWD 2.5135 a year ago.
FineTek Co.,Ltd. is a Taiwan-based company principally engaged in provision of automation devices and meters. The Companyâs main products portfolio consists of process automation sensors and electric machine pneumatic control components. Its process automation sensors include point level sensors, level sensors, flow switches, panel meters and others, which are applied for monitoring and control of temperature, pressure, electricity, instrument and meter, liquid, solid, flux and others. Its electric machine pneumatic control components include controllers, pneumatic components, pollution control components and others. The Company distributes its products within domestic market and to overseas markets.
FineTek Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
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