FineMat Applied Materials Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 10:27 pm
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FineMat Applied Materials Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 274.77 million compared to TWD 341.57 million a year ago. Net loss was TWD 24.06 million compared to net income of TWD 1.51 million a year ago. Basic loss per share from continuing operations was TWD 0.37 compared to basic earnings per share from continuing operations of TWD 0.02 a year ago. Diluted loss per share from continuing operations was TWD 0.37 compared to diluted earnings per share from continuing operations of TWD 0.02 a year ago.
For the six months, sales was TWD 550.05 million compared to TWD 609.9 million a year ago. Net loss was TWD 69.95 million compared to net income of TWD 5.92 million a year ago. Basic loss per share from continuing operations was TWD 1.06 compared to basic earnings per share from continuing operations of TWD 0.09 a year ago. Diluted loss per share from continuing operations was TWD 1.06 compared to diluted earnings per share from continuing operations of TWD 0.09 a year ago.
FineMat Applied Materials Co., Ltd. is a Taiwan company mainly engaged in the manufacture of electronic components and wholesale of electronic materials. The Companyâs main products include OLED metal masks, stencil-printed gold metal masks, and precision cleaning and recycling. OLED metal mask is a metal mask used for AMOLED display luminescent dye pigment evaporation process. The Companyâs products are mainly provided to domestic market and overseas market.