China Fineblanking Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 03:11 pm
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China Fineblanking Technology Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 606.66 million compared to TWD 665.2 million a year ago. Net loss was TWD 2.42 million compared to net income of TWD 27.51 million a year ago. Basic loss per share from continuing operations was TWD 0.0299 compared to basic earnings per share from continuing operations of TWD 0.3317 a year ago. Diluted loss per share from continuing operations was TWD 0.0299 compared to diluted earnings per share from continuing operations of TWD 0.3122 a year ago.
For the nine months, sales was TWD 1,952.2 million compared to TWD 1,947.06 million a year ago. Net income was TWD 58.92 million compared to TWD 96.51 million a year ago. Basic earnings per share from continuing operations was TWD 0.7164 compared to TWD 1.1609 a year ago. Diluted earnings per share from continuing operations was TWD 0.6766 compared to TWD 1.073 a year ago.
China Fineblanking Technology Co Ltd is a Taiwan-based company mainly engaged in the production and supply of metal parts such as computer hard drives and automobiles focusing on the research and development and manufacturing technology of fine blanking. The main products include hard drives machine parts such as computerized hard disk voice coil motor brakes, automobile and motorcycle parts such as transmission parts, door locks and seats, hydraulic pumps, brakes and other stamped parts. The Company mainly sells its products in Taiwan, Europe, Asia and others.