Taiwan Takisawa Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 06:04 pm
Share
Taiwan TAKISAWA Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 630.541 million compared to TWD 816.344 million a year ago. Operating income was TWD 53.994 million compared to TWD 88.666 million a year ago. Net income was TWD 25.628 million compared to TWD 55.054 million a year ago. Basic earnings per share was TWD 0.35 compared to TWD 0.76 a year ago. For the nine months, sales was TWD 1,972.864 million compared to TWD 2,471.186 million a year ago. Operating income was TWD 159.876 million compared to TWD 264.915 million a year ago. Net income was TWD 118.465 million compared to TWD 218.876 million a year ago. Basic earnings per share was TWD 1.63 compared to TWD 3.02 a year ago. Diluted earnings per share was TWD 1.63 compared to TWD 3.01 a year ago.
TAIWAN TAKISAWA TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of mechanical equipment and other electrical and electronic machinery and equipment. The Company's main products include computer numerical control (CNC) lathes, original equipment manufacturer (OEM) production lathes, printed circuit board (PCB) drilling machines, high-speed precision lathes and others. The Company's products are mainly used in automobiles, aerospace, national defense, as well as computer, communications and consumer electronics (3C) products. The Company distributes its products in domestic market to overseas markets, including the rest areas of Asia, Europe, the Americas and others.