China Fineblanking Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:39 pm
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China Fineblanking Technology Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 587.44 million compared to TWD 606.66 million a year ago. Net loss was TWD 10.38 million compared to TWD 2.42 million a year ago. Basic loss per share from continuing operations was TWD 0.1294 compared to TWD 0.0299 a year ago.
For the nine months, sales was TWD 1,613.64 million compared to TWD 1,952.2 million a year ago. Net loss was TWD 75.16 million compared to net income of TWD 58.92 million a year ago. Basic loss per share from continuing operations was TWD 0.9254 compared to basic earnings per share from continuing operations of TWD 0.71 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.