Awea Mechantronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 02:59 pm
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Awea Mechantronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 848.793 million compared to TWD 1,313.401 million a year ago. Operating income was TWD 75.199 million compared to TWD 125.332 million a year ago. Net income was TWD 60.239 million compared to TWD 132.391 million a year ago. Basic earnings per share was TWD 0.62 compared to TWD 1.37 a year ago. Diluted earnings per share was TWD 0.61 compared to TWD 1.36 a year ago. For the half year, sales was TWD 1,686.489 million compared to TWD 2,393.888 million a year ago. Operating income was TWD 148.922 million compared to TWD 209.542 million a year ago. Net income was TWD 114.227 million compared to TWD 186.424 million a year ago. Basic earnings per share was TWD 1.18 compared to TWD 1.93 a year ago. Diluted earnings per share was TWD 1.17 compared to TWD 1.92 a year ago.
AWEA MECHANTRONIC CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and sales of computer numerical control (CNC) machine tools. The company's main products include the gantry-type vertical machining centers, as well as the C-type vertical machining centers. In addition, the Company is also involved in the provision of related maintenance services, as well as the trading of parts and components. Its products are mainly used in industries such as aerospace, national defense, automobile, mechanical, metal processing and electronics. The Company mainly distributes its products in domestic market and to overseas markets.