Jenn Feng Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022
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Jenn Feng Industrial 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 55.52 million compared to TWD 71.61 million a year ago. Net income was TWD 8.67 million compared to net loss of TWD 13.31 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to basic loss per share from continuing operations of TWD 0.5 a year ago.
For the six months, sales was TWD 116.89 million compared to TWD 132.93 million a year ago. Net loss was TWD 21.84 million compared to TWD 30.1 million a year ago. Basic loss per share from continuing operations was TWD 0.77 compared to TWD 1.14 a year ago.
Jenn Feng Industrial Tools Co Ltd is a Taiwan-based company principally engaged in the manufacture and sale of electrical tools and lamps. The main products include electric drills, grinding machines, automotive lamps and other components. Electric drills are mainly used for drilling, drilling, or screw locking in woodworking materials, metal, and cement walls. The grinding machines are mainly used for surface polishing of woodworking and metal materials. Automobile lamps are mainly used for reading lighting on the car to improve the visibility of the car at night or in bad weather. The Company also provides replacement of damaged hand tool parts.
JENN FENG INDUSTRIAL TOOLS CO., LTD. 
