Kao Fong Machinery Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 11:49 pm
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Kao Fong Machinery Co. Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 581.405 million compared to TWD 469.487 million a year ago. Operating loss was TWD 3.389 million compared to operating Income of TWD 7.199 million a year ago. Net loss was TWD 16.035 million compared to net income of TWD 6.261 million a year ago. Basic loss per share was TWD 0.15 compared to basic earnings per share of TWD 0.06 a year ago. For the half year, total revenue was TWD 884.553 million compared to TWD 818.428 million a year ago. Operating loss was TWD 40.569 million compared to TWD 20.226 million a year ago. Net loss was TWD 53.428 million compared to TWD 20.545 million a year ago. Basic loss per share was TWD 0.49 compared to TWD 0.19 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 
