Fine Blanking & Tool Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 11:14 am
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Fine Blanking & Tool Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 356.153 million compared to TWD 567.882 million a year ago. Operating income was TWD 16.850 million compared to TWD 31.388 million a year ago. Net income was TWD 10.757 million compared to TWD 16.010 million a year ago. Basic earnings per share was TWD 0.14 compared to TWD 0.21 a year ago. For the half year, total revenue was TWD 888.007 million compared to TWD 1,119.616 million a year ago. Operating income was TWD 59.866 million compared to TWD 66.001 million a year ago. Net income was TWD 34.942 million compared to TWD 32.289 million a year ago. Basic earnings per share was TWD 0.46 compared to TWD 0.43 a year ago.
FINE BLANKING & TOOL CO., LTD. is a Taiwan-based company principally engaged in the research, development, design, manufacture and sales of metal stamping components of automobiles, motorcycles, bicycles and special vehicles. The Company's main products include precision stampings, brake discs, steam locomotive seats and seat recliners, gears and others. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia, the Americas and Europe.