Kao Fong Machinery Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
March 20, 2020 at 07:48 pm
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Kao Fong Machinery Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,882.727 million compared to TWD 2,731.237 million a year ago. Operating loss was TWD 32.562 million compared to operating Income of TWD 36.152 million a year ago. Net loss was TWD 28.202 million compared to net income of TWD 120.404 million a year ago. Basic loss per share was TWD 0.26 compared to basic earnings per share of TWD 1.11 a year ago. Diluted eps was TWD 0 compared to TWD 1.11 a year ago.
KAO FONG MACHINERY CO., LTD is a Taiwan-based company principally engaged in the manufacture and distribution of machine tools and machinery equipment. The Company's products mainly consist of vertical machining centers, horizontal machining centers, as well as gantry-type processing centers. The Company's products are applied in the processing of precision metal components, automotive components, electronic components, molds, semiconductor products and others. The Company distributes its products in Taiwan, the Americas and the rest of Asia.