Fittech Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 09:16 pm
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Fittech Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 264.1 million compared to TWD 782.82 million a year ago. Revenue was TWD 271.2 million compared to TWD 786.31 million a year ago. Net loss was TWD 7.84 million compared to net income of TWD 245 million a year ago. Basic loss per share from continuing operations was TWD 0.11 compared to basic earnings per share from continuing operations of TWD 3.33 a year ago. Diluted loss per share from continuing operations was TWD 0.11 compared to diluted earnings per share from continuing operations of TWD 3.2 a year ago.
For the nine months, sales was TWD 1,054.77 million compared to TWD 4,051.01 million a year ago. Revenue was TWD 1,072.68 million compared to TWD 4,075.25 million a year ago. Net loss was TWD 142.32 million compared to net income of TWD 938.22 million a year ago. Basic loss per share from continuing operations was TWD 1.94 compared to basic earnings per share from continuing operations of TWD 12.76 a year ago. Diluted loss per share from continuing operations was TWD 1.94 compared to diluted earnings per share from continuing operations of TWD 12.2 a year ago.
FITTECH CO.,LTD is a Taiwan-based company mainly engaged in research, development, manufacturing and sales of optical inspection equipment. The company is also engaged in the development, manufacture and sale of laser precision machinery and equipment, as well as testing foundry services. The company's main products include integrated light-emitting diode (LED) die / crystal garden spot measuring machine, automatic wafer tester, die counter, automatic upper and lower die machine and other LED testing equipment; laser precision machines such as laser cutting machines, laser welding machines and laser descaling machines. The company's products are mainly sold to Asia and other regions.