Kao Fong Machinery Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 01:20 pm
Share
Kao Fong Machinery Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 538.111 million compared to TWD 743.469 million a year ago. Operating income was TWD 2.047 million compared to TWD 17.722 million a year ago. Net loss was TWD 4.966 million compared to net income of TWD 19.772 million a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 0.18 a year ago. Diluted eps was TWD 0 compared to TWD 0.18 a year ago. For the half year, sales was TWD 1,007.189 million compared to TWD 1,403.683 million a year ago. Operating loss was TWD 6.055 million compared to operating Income of TWD 24.333 million a year ago. Net loss was TWD 6.395 million compared to net income of TWD 21.389 million a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.2 a year ago. Diluted eps was TWD 0 compared to TWD 0.2 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.
KAO FONG MACHINERY CO., LTD 
