Winson Machinery Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 28, 2020 at 01:28 am
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WINSON Machinery Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 64.251 million compared to TWD 105.165 million a year ago. Operating loss was TWD 176,000 compared to operating Income of TWD 13.452 million a year ago. Net income was TWD 674,000 compared to TWD 10.556 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.21 a year ago. For the nine months, sales was TWD 209.517 million compared to TWD 338.322 million a year ago. Operating income was TWD 7.928 million compared to TWD 46.055 million a year ago. Net income was TWD 11.855 million compared to TWD 35.540 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.7 a year ago.
WINSON Machinery Co., LTD. is a Taiwan-based company principally engaged in the production and sales of machine tool castings. The Company's main products include iron and steel castings, other non-ferrous metal castings and other metal castings. The Company's products are mainly used in transportation tools, machine tools, valve products, aerospace industry, computer, communications and consumer electronics (3C) products and people's livelihood. The Company distributes its products in domestic market and to overseas markets.