Chien Wei Precise Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 04:43 pm
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Chien Wei Precise Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 103.64 million compared to TWD 61.26 million a year ago. Net income was TWD 0.946 million compared to net loss of TWD 11.54 million a year ago. Basic earnings per share from continuing operations was TWD 0.02 compared to basic loss per share from continuing operations of TWD 0.3 a year ago. Diluted earnings per share from continuing operations was TWD 0.02 compared to diluted loss per share from continuing operations of TWD 0.3 a year ago.
CHIEN WEI PRECISE TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of precise molds, measure equipment, processing equipment, as well as other precise parts and components. Its processing equipment includes machine tools, jig grinders and computer numerical control (CNC) vertical grinders. The Company's precise molds are used for manufacturing of semiconductors, compact disks (CDs) and optoelectronic products. The measure equipment is used in integrated circuit (IC) component industry, semiconductor related industry, printed circuit board (PCB) industry, precise molds industry and mechanical component processing industry. The other precise components include parts, components and precise materials used for machines and equipment. The Company distributes its products in domestic market and to other Asia markets.