Jenn Feng New Energy Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 09:38 pm
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Jenn Feng New Energy Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 362.838 million compared to TWD 423.334 million a year ago. Operating loss was TWD 100.429 million compared to TWD 94.138 million a year ago. Net loss was TWD 147.705 million compared to TWD 99.403 million a year ago. Basic loss per share was TWD 2.63 compared to TWD 1.77 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.