Chiu Ting Machinery Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 26, 2020 at 01:12 pm
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Chiu Ting Machinery Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 2,195.824 million compared to TWD 2,594.402 million a year ago. Operating income was TWD 135.348 million compared to TWD 117.076 million a year ago. Net income was TWD 69.893 million compared to TWD 331.315 million a year ago. Basic earnings per share from continuing operations was TWD 1.07 compared to TWD 1.47 a year ago. Basic earnings per share was TWD 1.07 compared to TWD 5.07 a year ago. Diluted earnings per share from continuing operations was TWD 1.07 compared to TWD 1.46 a year ago. Diluted earnings per share was TWD 1.07 compared to TWD 5.03 a year ago.
CHIU TING MACHINERY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture, processing and sales of woodworking machineries. The Companyâs primary products include computerized auto carving machines, bench top and stationery planers, manual planers, single spindle shapers, bench top and stationery jointers, computer numerical control (CNC) machine tools and lathes, as well as bench top and stationery table saws. The Company mainly distributes its products in domestic market and overseas markets, including the United States of America (the USA), Canada and other countries.